OFF MARKET

225 Drummond Street S
Ballarat Central VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 99m2
Land area: 285m2
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Property Details for 225 Drummond St S, Ballarat Central

225 Drummond St S, Ballarat Central is a 2 bedroom, 1 bathroom House and was built in 1920. The property has a land size of 285m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1920
Floor Size
99m2
Land Size
285m2
Local Government
Ballarat
Lot/Plan
1/TP694507

Last Listing description (March 2023)

Boasting a wonderful central location with character and charm envied by many. This home offers so much to a small family, investor, or would make for a perfect Airbnb.

A well-kept two bedroom home with both bedrooms being spacious in size and featuring built in robes.
The open plan / dining / kitchen flows seamlessly with plenty of space and natural light beaming through.

The kitchen has been well updated and offers stainless steel appliances, island bench and plenty of cupboard space.
Character is a key feature throughout the home showcasing original polished floorboards, high ceilings, ornate cornicing and ceiling roses.
The bathroom has been well updated and offers plenty of size with separate shower / bath and vanity.
Ensure comfort all year round with split system for cooling.
Step through the sliding doors in which you are greeted with a well-built decked entertaining space perfect to entertain family and friends, as well as a very low maintenance yard in which you could further improve.
The home also offers a cosy lounge room with an open fire place for winter comfort.
Situated on a corner block, car accommodation is well catered for with a driveway situated off Urquhart Street accommodating for one vehicle.
Positioned perfectly close to prestigious primary and secondary schools, Victoria Park, Lake Wendouree, 800m to the hospitals, supermarkets and being only minutes to the Ballarat CBD, this is a wonderful location to secure a great opportunity.
This home will prove to be extremely popular for the first home buyer looking to secure a centrally located property or investors looking to add that stress free home to the portfolio with an estimated rental return of $365 per week.
Be quick to inspect contact Tony to arrange your very own inspection.

Property History for 225 Drummond St S, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$495,000
18 Jan 2023
Listed for Rent
$260/w
17 Jan 2018
  • 18 Jan 2023
    Sold for $495,000
  • 07 Sep 2022
    Listed for Sale $469,000 - $499,000
  • 11 Jul 2019
    Sold for $390,000
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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 4,380 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 47 properties listed for sale, and 10 properties listed for rent in Ballarat central on OnTheHouse. According to CoreLogic's data, 156 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.