15 Otway Street NBallarat East VIC 3350
Property Details for 15 Otway St N, Ballarat East
15 Otway St N, Ballarat East is a 2 bedroom, 1 bathroom House and was built in 1880. The property has a land size of 283m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom House sold in Ballarat East in the last 12 months.
Last Listing description (May 2024)
This incredible opportunity exists to own a piece of Ballarats history.
You can have the best of both worlds with a heritage house from the mining era which has been thoughtfully and respectfully renovated to offer modern conveniences.
Offering generous master bedroom at the rear of the home with polished timber floors and free-standing robes with easy access to your bathroom which has open shower, vanity and separate toilet with a second bedroom to the front of the home.
Externally you will find your own drive with plenty of space for multiple vehicles, a good size storage shed, timber deck for entertaining & fully landscaped and maintained gardens in keep with the homes heritage.
This property has successfully been used as both short and long term accommodation with keyless entry, however equally would make an excellent first home, down-sizer or additional to your portfolio. Location is excellent being within easy access to Melbourne freeway and a short car ride to the centre of Ballarat and train station.
Contact Brooke Reynolds for any further details Ph: 0407 292 506
Property History for 15 Otway St N, Ballarat East, VIC 3350
- 17 Apr 2024Sold for $440,000
- 29 Jan 2024Listed for Sale $425,000 - $445,000
- 23 Mar 2022Listed for Sale $525,000 - $555,000
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About Ballarat East 3350
The size of Ballarat East is approximately 6 square kilometres. It has 15 parks covering nearly 21% of total area. The population of Ballarat East in 2011 was 5,308 people. By 2016 the population was 5,612 showing a population growth of 5.7% in the area during that time. The predominant age group in Ballarat East is 20-29 years. Households in Ballarat East are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat East work in a professional occupation. In 2011, 60% of the homes in Ballarat East were owner-occupied compared with 56.7% in 2016.
Ballarat East has 3,650 properties. Over the last 5 years, Houses in Ballarat East have seen a 26.97% increase in median value, while Units have seen a 18.22% increase. As at 30 November 2024:
- The median value for Houses in Ballarat East is $471,151 while the median value for Units is $377,134.
- Houses have a median rent of $400 while Units have a median rent of $370.
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