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Sold on 18 Nov 2024 for $340,000

2/315 Nelson Street
Ballarat East VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/315 Nelson St, Ballarat East

2/315 Nelson St, Ballarat East is a 2 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Ballarat East in the last 12 months.

Building Type
House

Last Listing description (November 2024)

Nestled in a peaceful corner of Ballarat East, this well maintained, solid unit at 2/315 Nelson Street offers exceptional privacy and independence, with its own title - no body corporate fees! Set on a 346m2 (approx.) block, the property boasts beautifully established gardens front and back, creating a lovely tranquil setting.

Inside, the home features two generously sized bedrooms with built in robes, a tidy, well equipped kitchen, and a cozy open plan living and dining area with gas heating and a split system for year round comfort. The single lock up garage has convenient internal access, making those chilly, rainy days that little bit easier.

Perfect as a first home or investment opportunity, and just minutes from Ballarat CBD, this home combines convenience with a serene setting. Call today to arrange your viewing!

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Property History for 2/315 Nelson St, Ballarat East, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$340,000
18 Nov 2024
Listed for Rent
$165/w
28 Jul 2007
  • 18 Nov 2024
    Sold for $340,000
  • 31 Oct 2024
    Listed for Sale $329,000 - $349,000
  • 29 Mar 2016
    Sold for $233,000
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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.
There are currently 48 properties listed for sale, and 10 properties listed for rent in Ballarat east on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Ballarat east.

Suburb Insights for Ballarat East 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.