OFF MARKET

306A Drummond Street N
Ballarat Central VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 87m2
Land area: 416m2
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Property Details for 306a Drummond St N, Ballarat Central

306a Drummond St N, Ballarat Central is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 416m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in March 2013.

Building Type
House
Year Built
1930
Floor Size
87m2
Land Size
416m2
Local Government
Ballarat
Lot/Plan
2/PS708566

Last Listing description (March 2013)

Central Medical Precinct of Ballarat
In one of the most vibrant central blocks of Drummond Street in Ballarat's CBD, this superb 1940's constructed home in original condition will instantly appeal to the buyer who is seeking to live or work in the immediate vicinity of our health services (potential medical suite, STCA).
Loaded with comforts designed for easy living, this 2 bedroom home with parking space in the rear yard is surrounded by other quality homes and in a location that offers so much by way of convenience & lifestyle. Very close to child-care facilities, shops, schools, transport and of course the hospitals, this sturdy home is going to meet the needs of buyer groups from the owner occupier through to the serious investor or members of the health professions. As such, this opportunity needs to be seriously investigated by all who aspire to own real estate in a blue chip position.

With its high ceilings, ornate plaster and polished Kauri pine timber floors the home has a free-flowing design and moves easily between spaces. The kitchen is very well appointed, though would benefit from a modest refurbishment, while the meals area shares the same living space, with the adjacent family room making up the balance of the living zones. Gas central heating ensures your comfort during the colder months.
Located very close to the bedrooms is the contemporary bathroom, while just beyond the back door in the private yard that is currently a blank canvas with scope for value adding.
The home is in very good condition and is clearly offering all that the astute investor is looking for, so if you have been searching for a position buy, have an eye for potential, or are seeking to set up your medical rooms, our encouragement to you is to investigate this magnificent property immediately.

Property History for 306a Drummond St N, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$370,000
08 Mar 2013
Listed for Rent
$195/w
16 Jan 2007
  • 08 Mar 2013
    Sold for $370,000
  • 22 Aug 2012
    Listed for Sale PRICE UPON APPLICATION
  • 19 Dec 2006
    Listed for Rent - Price not available
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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 4,384 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 46 properties listed for sale, and 14 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.