SOLD
Sold on 20 Dec 2023 for $1,375,000

4 Talbot Street S
Ballarat Central VIC 3350

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 1046m2
Sold By
Caine Property
Caine Property
Damian Caine
Caine Property
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Property Details for 4 Talbot St S, Ballarat Central

Building Type
Commercial
Land Size
1046m2
Local Government
Ballarat
Lot/Plan
1/TP684209

Last Listing description (March 2024)

Colliers Ballarat alongside Caine Property are pleased to introduce 4 Talbot Street South, a charming property perfectly suited to medical or allied health. Located in the heart of the Ballarat Medical precinct area, this property is a great option for health care professionals seeking a unique opportunity to occupy their own space.
Featuring approximately 250 square metres of building area, the property is well established for medical and has permits for 3 practitioners. The interior boasts ample natural light is outfitted with a front reception, kitchenette, treatment rooms, and a waiting room for patients. Externally the property also offers convenient parking for patients and staff with 9 on-site car parks, ensuring easy access for everyone.
Located in the heart of the Ballarat Medical Precinct and only one block away from Sturt Street, 4 Talbot Street South offers all the benefits of being close to both the Ballarat Base and St John of God Hospitals without the fuss. Surrounding the property and within immediate walking distance are numerous coffee and food options with big name brands such as Bendigo Bank, NAB, Golden Nugget and the Western Hotel only a stones' throw away.

- 250 Square Metres total building area
- 1,046 Square Metres total land area
- Permit for 3 medical practitioners
- 9 on-site car parks
- Located only metres from the Ballarat Base Hospital and St John of Gods Hospital
- Vacant Possession
- Zoned General Residential

Auction - Saturday 15th April 2023, on-site

Property History for 4 Talbot St S, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$1,375,000
20 Dec 2023
  • 20 Dec 2023
    Sold for $1,375,000
  • 21 Mar 2023
    Listed for Sale $1,495,000

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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 4,393 properties. Over the last 5 years, Houses in Ballarat Central have seen a 24.05% increase in median value, while Units have seen a 41.94% increase. As at 31 August 2024:

  • The median value for Houses in Ballarat Central is $634,029 while the median value for Units is $398,952.
  • Houses have a median rent of $410 while Units have a median rent of $360.
There are currently 47 properties listed for sale, and 14 properties listed for rent in Ballarat central on OnTheHouse. According to CoreLogic's data, 150 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.