OFF MARKET

2/9 Newman Street
Ballarat East VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 303m2
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Property Details for 2/9 Newman St, Ballarat East

2/9 Newman St, Ballarat East is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2007. The property has a land size of 303m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Townhouse
Year Built
2007
Floor Size
99m2
Land Size
303m2
Local Government
Ballarat
Lot/Plan
6/PS544751

Last Listing description (November 2022)

Set in a very quiet pocket of Ballarat East on a corner allotment, you will discover this very tidy, and well-maintained unit.

Boasting three generous bedrooms with built-in robes and a family-sized bathroom. To the front of the property are an open plan kitchen, living and dining area. The compact modern kitchen is ideal for the home cook, comprising a stainless-steel dishwasher, gas stove and oven and pantry area.

Central heating throughout the home ensures that you are warm and toasty during Ballarat's coolest months and a separate laundry and single lockup carport completes this cosy home.

This low-maintenance property is ideal for first home buyers, downsizers, or the astute investor looking to add to their portfolio. The home is currently on a periodic lease to a long-term tenant, offering a potential rental yield of 4.6%.

In this highly competitive market and in such a great location on the Melbourne side of town, close to cafes and local shops this property is not expected to be on the market long. Call to arrange your private inspection today.

Property History for 2/9 Newman St, Ballarat East, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$330,000
28 Oct 2020
Listed for Rent
$260/w
12 Dec 2013
  • 28 Oct 2020
    Sold for $330,000
  • 15 Oct 2020
    Listed for Sale $310,000 - $330,000
  • 21 Nov 2013
    Listed for Rent - Price not available
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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 3,636 properties. Over the last 5 years, Houses in Ballarat East have seen a 27.88% increase in median value, while Units have seen a 22.01% increase. As at 30 September 2024:

  • The median value for Houses in Ballarat East is $463,612 while the median value for Units is $376,253.
  • Houses have a median rent of $400 while Units have a median rent of $380.
There are currently 52 properties listed for sale, and 9 properties listed for rent in Ballarat east on OnTheHouse. According to CoreLogic's data, 162 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.