SOLD
Sold on 09 Jan 2024 for $385,000

1/411 Drummond Street S
Ballarat Central VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 160m2
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Sold By
Jason Ingram
Fletchers Ballarat
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Property Details for 1/411 Drummond St S, Ballarat Central

1/411 Drummond St S, Ballarat Central is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 160m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Ballarat Central in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
103m2
Land Size
160m2
Local Government
Ballarat
Lot/Plan
1/SP19962

Last Listing description (January 2024)

Boasting a great floor plan with separate living and dining spaces this two-bedroom street-facing unit is now available for sale. Situated in a great central Ballarat location with only three units in the block and with freshly painted ceilings and walls, this property offers a fantastic lifestyle to the buyer and is available for immediate vacant possession.

One of the key highlights of this unit is its well-maintained condition. Several essential components have been recently replaced, ensuring a hassle-free living experience. The hot water system was replaced in 2016, while the air conditioner and carpet were both upgraded in 2018. In 2019, the roller door opener was replaced, adding an extra layer of convenience to your daily routine. The gas heater has been checked and cleaned prior to the current tenancy, ensuring optimal functionality and safety. Additionally, individual water meters have been installed for all units.

When it comes to location, 1/411 Drummond Street offers absolute convenience situated so close to public transport and shopping. Being part of a small block with only three units, you can enjoy a sense of privacy and community. The unit itself is not adjacent to any other units, allowing for greater peace and quiet.

Situated in close proximity to hospitals, this property offers easy access to healthcare facilities, making it an ideal choice for medical professionals or those who value convenient healthcare services.

Don't miss this opportunity to own a well-maintained, two-bedroom unit in a terrific location. Contact us now to schedule a viewing and make this wonderful property your own.

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Property History for 1/411 Drummond St S, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$385,000
09 Jan 2024
Listed for Rent
$320/w
06 Dec 2022
  • 09 Jan 2024
    Sold for $385,000
  • 23 Jun 2023
    Listed for Sale Not Disclosed
  • 11 Nov 2022
    Listed for Rent $320 / week
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About Ballarat Central 3350

The size of Ballarat Central is approximately 3.8 square kilometres. It has 5 parks covering nearly 3.7% of total area. The population of Ballarat Central in 2011 was 5,464 people. By 2016 the population was 5,333 showing a population decline of 2.4% in the area during that time. The predominant age group in Ballarat Central is 20-29 years. Households in Ballarat Central are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat Central work in a professional occupation. In 2011, 56.8% of the homes in Ballarat Central were owner-occupied compared with 56.9% in 2016.

Ballarat Central has 4,381 properties. Over the last 5 years, Houses in Ballarat Central have seen a 20.44% increase in median value, while Units have seen a 24.38% increase. As at 31 October 2024:

  • The median value for Houses in Ballarat Central is $632,539 while the median value for Units is $381,926.
  • Houses have a median rent of $420 while Units have a median rent of $370.
There are currently 43 properties listed for sale, and 15 properties listed for rent in Ballarat central on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Ballarat central.

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