SOLD
Sold on 27 Jul 2024 for $355,000

4/412 Drummond Street N
Ballarat Central VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 81m2
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Property Details for 4/412 Drummond St N, Ballarat Central

4/412 Drummond St N, Ballarat Central is a 2 bedroom, 1 bathroom Unit and was built in 1930. The property has a floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Ballarat Central in the last 12 months.

Building Type
Unit
Year Built
1930
Floor Size
81m2
Local Government
Ballarat
Lot/Plan
4/PS414546

Last Listing description (August 2024)

A convenient unparalleled location close to the Hospitals and medical precinct, within minutes to picturesque Lake Wendouree!

This two-bedroom ground floor apartment has views overlooking the front gardens and is ideally suited for anyone seeking a central property to occupy, an investment, or an ideal short term stay accommodation prospect. Comfortably spaced throughout with a charming, functional kitchen fitted with upright stove, ample cupboard space and captures the lovely afternoon sun. Beautifully presented with some interior refurbishments already completed; Euro style laundry and electric panel heating. Tastefully renovated bathroom with separate bath, toilet and vanity services the large master bedroom with built in robe and second bedroom.

Supreme inner city living, conveniently located within short walking distance to Lake Wendouree, hospitals, cafes and Ballarat CBD shopping and dining experiences, plus close proximity to Ballarat train station. Outside, secure common entrances with rear lock up garage and lovely maintained grounds to simply enjoy without all the external upkeep. Investors will note the enduring market appeal of a position so close to all Ballarat has to offer.

Call Matt today to secure your viewing.

Property History for 4/412 Drummond St N, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$355,000
27 Jul 2024
Listed for Rent
$295/w
01 Sep 2020
  • 27 Jul 2024
    Sold for $355,000
  • 08 Jul 2024
    Listed for Sale $355000
  • 12 Aug 2020
    Listed for Rent $295 / 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 4,392 properties. Over the last 5 years, Houses in Ballarat Central have seen a 20.83% increase in median value, while Units have seen a 24.85% increase. As at 30 November 2024:

  • The median value for Houses in Ballarat Central is $632,760 while the median value for Units is $384,041.
  • Houses have a median rent of $410 while Units have a median rent of $360.
There are currently 44 properties listed for sale, and 15 properties listed for rent in Ballarat central on OnTheHouse. According to CoreLogic's data, 158 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.