SOLD
Sold on 13 Sep 2024 for $1,300,000

716 Sturt Street
Ballarat Central VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 582m2
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Property Details for 716 Sturt St, Ballarat Central

Building Type
Commercial
Land Size
582m2
Local Government
Ballarat
Lot/Plan
1/TP805040

Last Listing description (March 2021)

Professional Office or Medical Use
- 300 sqm* of building area
- Medical permit

- Off street car parking
- Metres to Hospitals
- High profile location
- Period building with character
- Previously used as busy medical clinic

RENT: $30,000 per annum + GST and outgoings
For further information, please contact Colliers International agents Charles Kennedy on 0431 914 778 or David Wright on 0418 518 353.

*Approx.

Property History for 716 Sturt St, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$1,300,000
13 Sep 2024
Listed for Rent
$4/w
11 Mar 2021
  • 13 Sep 2024
    Sold for $1,300,000
  • 25 Feb 2020
    Listed for Rent - Price not available
  • 11 Apr 2019
    Listed for Rent $100 / year
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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.

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.