OFF MARKET

2 Penhall Way
Ballarat East VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 794m2
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Property Details for 2 Penhall Way, Ballarat East

Building Type
Land
Land Size
794m2
Local Government
Ballarat
Lot/Plan
27/PS820516

Last Listing description (October 2023)

Nestled close to the Woowookarung Regional Park, this 794m2 (approx.) plot of land sits atop the Forest Edge estate in Ballarat East. It's elevated position will be sought after and enjoys awesome views to the north and it's generous size would allow a large home plus & shed (STCA).

There is a bus stop just 350m away, plus supermarket and shopping is only 4-min drive away at the new Ryans IGA Ballarat East. If it's a fuel fil-up with friendly service, the Caledonian Garage at Brown Hill will have you sorted just 4-mins drive away!

Enjoy daily bush-walks or mountain-bike riding in the tranquil Woowookarung Regional Park. Canadian Lead & St Francis Xavier Primary Schools & Woodman's Hill Secondary College are close-by.

Contact us today for more information or to express your interest in purchasing this lovely piece of paradise.

Ballarat's Best-Selling Team.

Property History for 2 Penhall Way, Ballarat East, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$335,219
07 Sep 2023
  • 07 Sep 2023
    Sold for $335,219
  • 20 Jan 2023
    Listed for Sale $395,000
  • 23 Jun 2021
    Sold for $302,000

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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 3,635 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 42 properties listed for sale, and 5 properties listed for rent in Ballarat east on OnTheHouse. According to CoreLogic's data, 170 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.