OFF MARKET

25 Nelson Street
Ballarat East VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 984m2
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Last updated 30 Sep 2024
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Property Details for 25 Nelson St, Ballarat East

25 Nelson St, Ballarat East is a 0 bedroom, 0 bathroom House. The property has a land size of 984m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Land Size
984m2
Local Government
Ballarat
Lot/Plan
2/PS907150

Last Listing description (May 2024)

* A rare opportunity herewith to purchase a sizeable inner east residential block.
* Certificate of Title shows easement free, 984sqm of General Residential Zone 1.
* Your new home site, or multi development unit opportunity (STCA) awaits.

* Two street frontages. The title shows one of 20.82m and the other of 46.23m.
* Literally minutes from the Ballarat CBD and Ballarat Railway Station.
* Opposite public park and recreation zone for your enjoyment.
* Calling all home builders, developers and astute investors. Size and location counts.
* Please note the Contract of Sale confirms the purchase price is plus GST

Property History for 25 Nelson St, Ballarat East, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$420,000
20 Aug 2023
  • 20 Aug 2023
    Sold for $420,000
  • 18 Jun 2023
    Listed for Sale $450,000 plus GST

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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.