OFF MARKET

3/1005 South Street
Ballarat Central VIC 3350

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 167m2
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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.

Building Type
Unit
Year Built
1970
Land Size
167m2
Local Government
Ballarat
Lot/Plan
3/SP31818

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.

This unit has been fully renovated to accentuate the space with spilt system comfort and large windows to fill the room with light.

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

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Property History for 3/1005 South St, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$210,000
26 Feb 2021
Listed for Rent
$210/w
08 May 2019
  • 26 Feb 2021
    Sold for $210,000
  • 10 Feb 2021
    Listed for Sale SOLD - $210,000
  • 03 May 2019
    Listed for Rent $210 / 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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