4/706 Sebastopol StreetBallarat Central VIC 3350
Property Details for 4/706 Sebastopol St, Ballarat Central
4/706 Sebastopol St, Ballarat Central is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 81m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Ballarat Central in the last 12 months.
Last Listing description (July 2024)
Located in an ideal residential zone, the Ballarat CBD is within walking distance and transport, amenities and sports parks are close your door. This home offers both a good yield ($230p.w.) and strong growth potential.
There is plenty of parking within a complex of five homes. The unit has its own garage located off two laneway access points, along with the option of parking on the main street itself.
The home has updated electrics, the kitchen with gas stove and gas oven is on the northern side with a lovely courtyard garden and there is a very functional albeit compact bathroom, laundry and separate toilet.
The lounge has access to the front yard and includes a split system heating and cooling unit. The bedroom leads from the lounge and has a south facing window to the main street.
With a tenant who has been here for many years, this home would suit the entry level investor.
Call Tim to arrange your private inspection.
Property History for 4/706 Sebastopol St, Ballarat Central, VIC 3350
- 22 Aug 2024Sold for $215,000
- 17 Jan 2024Listed for Rent $230 / week
- 24 Oct 2023Listed for Sale Not Disclosed
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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.
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