3/45 Otway St S, Ballarat East is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Unit sold in Ballarat East in the last 12 months.
Conveniently located near parks, swimming pool, shopping, schools, Fed Uni, Sovereign Hill with easy access to public transport and just a short distance to the Ballarat CBD. Enjoy the lifestyle and conveniences of popular Ballarat East.
This quality low maintenance 1 bedroom flat is set amongst established gardens and presents an incredible investment opportunity. Previously returning a weekly rent of $240, projecting the savvy investor a rental yield of well over 5%.
Offering a spacious open plan kitchen, meals and living zone with ceiling fan plus split system heating and cooling to ensure comfort all year round. The generous bedroom offers good storage, a large built-in robe and is serviced by the main bathroom with separate shower and toilet. Completing this property, outside you will find a nice sized private courtyard, garden shed and your own privately designated single carport.
Call Matt today and snap up this perfect addition to your portfolio or become your own landlord!
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 27.08% increase in median value, while Units have seen a 21.40% increase. As at 31 August 2024:
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