3/1005 South StreetBallarat Central VIC 3350
Property Details for 3/1005 South St, Ballarat Central
3/1005 South St, Ballarat Central is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 167m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (March 2021)
3/1005 South Street is a fantastic opportunity for entry level Real Estate investment or occupancy (subject to current lease) right in heart of Ballarat.
Whether you're an investor, first-homebuyer or professional couple, this low-maintenance villa offers a sought-after lifestyle without all the upkeep.
It's light, bright, open and functional, with one bedroom, a good size bathroom incorporating the laundry facilities, lounge, dining area and fabulous updated kitchen.
Location is the key to real-estate purchases, and this is perfectly situated for ease of access to Victoria Park, public transport, Lake Wendouree, primary and secondary schools and of course Ballarat's first-class medical precinct.
Currently leased until 24th May 21 at $200 per week makes this a cashflow positive investment that won't last.
Inspections strictly by appointment only
Property History for 3/1005 South St, Ballarat Central, VIC 3350
- 26 Feb 2021Sold for $210,000
- 10 Feb 2021Listed for Sale SOLD - $210,000
- 03 May 2019Listed for Rent $210 / week
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0About 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 4,390 properties. Over the last 5 years, Houses in Ballarat Central have seen a 24.05% increase in median value, while Units have seen a 41.94% increase. As at 31 August 2024:
- The median value for Houses in Ballarat Central is $634,029 while the median value for Units is $398,952.
- Houses have a median rent of $410 while Units have a median rent of $360.
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