3 Sussex StreetBallarat Central VIC 3350
Property Details for 3 Sussex St, Ballarat Central
3 Sussex St, Ballarat Central is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1880. The property has a land size of 505m2 and floor size of 257m2. While the property is not currently for sale or for rent, it was last sold in June 2014.
Last Listing description (June 2014)
Blue chip Location, Blue chip Potential
The address tells the tale; this property is ripe for the adventurous and those with the vision and flair to restore this proud home to its former glory.
This once magnificent Victorian weatherboard home presents amazing value-adding options.
The home's current floor plan includes: three bedrooms, central hallway, lounge, kitchen/meals, bathroom and laundry.
Currently rented at $250 per week, this home is already returning dollars as it is.
Step outside to discover the home's main attraction - an expansive backyard highlighting the property's generous dimensions and untapped future potential (STCA)
Although this property is past its prime, the challenge to restore will be well worth your labour of love.
Situated in a very quiet tree lined street, with side lane access this property is sure to attract a flurry of investors. Be quick and arrange an inspection today.
> Prestige Location
> Full heritage overlay applies
> Land Size 490M2
> Blue Chip Opportunity
Property History for 3 Sussex St, Ballarat Central, VIC 3350
- 28 Jun 2014Sold for $412,500
- 02 Jun 2014Transferred
- 23 May 2014Listed for Sale AUCTION OR PRIOR SALE
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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 4,379 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.
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