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Sold on 16 Oct 2023 for $400,000

304 Nicholson Street
Ballarat East VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 250m2
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Property Details for 304 Nicholson St, Ballarat East

304 Nicholson St, Ballarat East is a 2 bedroom, 1 bathroom House. The property has a land size of 250m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom House sold in Ballarat East in the last 12 months.

Building Type
House
Land Size
250m2
Local Government
Ballarat
Lot/Plan
18~P3/PP5031

Last Listing description (October 2023)

A rare find is this quaint miners cottage situated within walking distance to the city, train station and supermarkets. Situated on a low maintenance block of approximately 250m2, This two bedroom home has great potential for the first home buyer or investor to create an air BNB. The open plan kitchen and living area features a gas space heater to the rear of the home maintaining all of its original features of the era. Outside is plenty of space for outdoor entertaining or expansion. Be quick to snape this home up.

Property History for 304 Nicholson St, Ballarat East, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$400,000
16 Oct 2023
  • 10 Oct 2023
    Sold for $400,000
  • 02 Mar 2023
    Listed for Sale $385,000 - $399,000
  • 07 Jun 2017
    Sold for $195,000
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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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Contact agent
Andy Tunbridge
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Mark Vorstenbosch
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Biggin Scott Ballarat & Creswick
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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.