SOLD
Sold on 18 Oct 2024 for $410,000

331 Richards Street
Ballarat East VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 331 Richards St, Ballarat East

331 Richards St, Ballarat East is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Ballarat East in the last 12 months.

Building Type
House
Year Built
1950
Local Government
Ballarat
Lot/Plan
4/LP41299

Last Listing description (December 2024)

Charming Home in Sought-After Ballarat East

Located in a peaceful and friendly neighbourhood, this home is close to schools, parks, and local amenities.

Features:

- Three bedrooms

- Separate living room with split system heating/cooling
- Kitchen/Meals area with gas cooktop, electric oven & dishwasher
- Bathroom with shower, bath & vanity
- Laundry room with plenty of space
- Rear mudroom
- Separate toilet
- Good sized yard
- Carport with shed & store room

***Inspect by pre-registration only, attendance limits are capped and all attendees must be pre-registered, please contact the agent to secure your spot. Failure to pre-register will result in refusal of entry***

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Property History for 331 Richards St, Ballarat East, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$410,000
18 Oct 2024
  • 28 Nov 2024
    Listed for Rent $395
  • 18 Oct 2024
    Sold for $410,000
  • 03 Jul 2024
    Listed for Sale $395,000 - $430,000
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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 3,650 properties. Over the last 5 years, Houses in Ballarat East have seen a 26.97% increase in median value, while Units have seen a 18.22% increase. As at 30 November 2024:

  • The median value for Houses in Ballarat East is $471,151 while the median value for Units is $377,134.
  • Houses have a median rent of $400 while Units have a median rent of $370.
There are currently 48 properties listed for sale, and 10 properties listed for rent in Ballarat east on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Ballarat east.

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