OFF MARKET

307 Urquhart Street
Ballarat Central VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 89m2
Land area: 431m2
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Property Details for 307 Urquhart St, Ballarat Central

307 Urquhart St, Ballarat Central is a 3 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 431m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1900
Floor Size
89m2
Land Size
431m2
Local Government
Ballarat
Lot/Plan
1/TP693143

Last Listing description (June 2023)

By private appointment only.

Located in the Inner CBD area of Ballarat this gorgeous 3-bedroom cottage has only good things to offer.

To appreciate the potential that this property provides, you need to understand the opportunity that it presents.

Set on an allotment of 431m2 only 3 blocks from Sturt Street, with hospitals, supermarkets, schools, restaurants, cafes, and everything essential within walking distance, this property is an amazing chance to secure and reap the future benefits from.

With 3 excellent size bedrooms, open plan kitchen / meals and living featuring gas heating, split system, simple yet super functional kitchen and access directly to the rear yard, perfect to enjoy Sunday brunch or a glass of your favourite on a Friday night.

The bathroom has been updated with a simple modern appeal with shower and bath, single vanity, and separate toilet. The property has recently been re -wired and a new hot water system installed.

Whilst this property needs a little future TLC, it is a terrific prospect that you do not want to miss.

Currently leased to fantastic renters, this is the perfect inner CBD investment to hold onto if future growth and wealth is your mission.

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Property History for 307 Urquhart St, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$470,000
25 May 2023
Listed for Rent
$360/w
04 Feb 2022
  • 25 May 2023
    Sold for $470,000
  • 23 Mar 2022
    Listed for Sale $575,000 - $595,000
  • 14 Jan 2022
    Listed for Rent $360 / 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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