SOLD
RECENT ADVICE
Sold on 02 Dec 2024 for $305,000

7/412 Drummond Street N
Ballarat Central VIC 3350

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 10m2
Sold By
Fletchers Ballarat
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Property Details for 7/412 Drummond St N, Ballarat Central

7/412 Drummond St N, Ballarat Central is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 10m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 1 bedroom Unit sold in Ballarat Central in the last 12 months.

Building Type
Unit
Year Built
1930
Floor Size
64m2
Land Size
10m2
Local Government
Ballarat
Lot/Plan
7/PS414546

Last Listing description (December 2024)

This is an exciting opportunity to secure an apartment just two minutes from the centre of town and 1 minute from Lake Wendouree. Well positioned close to public transport, hospitals, medical services, schools, cafes, and restaurants.

The king size bedroom offers ample storage with two built-in robes, overhead cupboards & extra draws, and will take the largest of suites and leads to a private bathroom.

The lounge/dining area is grand in size with lots of natural light.

The trendy north facing kitchen offers an abundance of overhead and under bench cupboards, plenty of bench space storage and natural light.

Suitable for the retiree, first home buyer, maybe a nurse with the hospitals just down the road or an affordable addition to the investment portfolio. With art deco charm, convenient locale its sure to be in demand.

Call Dean Parish on 0490 382 264 to arrange an inspection.

Property History for 7/412 Drummond St N, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$305,000
02 Dec 2024
Listed for Rent
$170/w
12 Oct 2016
  • 02 Dec 2024
    Sold for $305,000
  • 01 Nov 2024
    Listed for Sale $295,000 - $315,000
  • 05 Oct 2016
    Listed for Rent $170 / 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.