SOLD
Sold on 25 Mar 2024 for $285,000

2/412 Drummond Street N
Ballarat Central VIC 3350

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 56m2
Land area: 632m2
Sold By
Trevor Petrie Real Estate
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Property Details for 2/412 Drummond St N, Ballarat Central

2/412 Drummond St N, Ballarat Central is a 1 bedroom, 1 bathroom Unit and was built in 1920. The property has a land size of 632m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Ballarat Central in the last 12 months.

Building Type
Unit
Year Built
1920
Floor Size
56m2
Land Size
632m2
Local Government
Ballarat
Lot/Plan
2/PS414546

Last Listing description (August 2024)

* Positioned in a prime location, so close to the Hospital and Medical precinct.
* Only moments from the picturesque Lake Wendouree and surrounding cafes and eateries.
* Ground floor apartment in the renowned Drummond Street North complex "Red Court".

* Polished boards feature in the living room with a bright easterly aspect.
* Polished boards again feature in the bedroom. It's a generous size too!
* An abundance of cupboards and bench space to the kitchen with gas upright stove.
* Ideal for singles, couples, retirees, investors or a local residence for travelling workers.

Property History for 2/412 Drummond St N, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$285,000
25 Mar 2024
Listed for Rent
$190/w
25 Oct 2018
  • 25 Mar 2024
    Sold for $285,000
  • 01 Mar 2024
    Listed for Sale $275,000 - $295,000
  • 19 Sep 2023
    Transferred
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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 20.22% increase in median value, while Units have seen a 45.78% increase. As at 30 September 2024:

  • The median value for Houses in Ballarat Central is $626,636 while the median value for Units is $409,428.
  • Houses have a median rent of $410 while Units have a median rent of $365.
There are currently 46 properties listed for sale, and 15 properties listed for rent in Ballarat central on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in Ballarat central.

Suburb Insights for Ballarat Central 3350

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.