OFF MARKET

418 Finch Street
Ballarat East VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
Land area: 323m2
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Property Details for 418 Finch St, Ballarat East

418 Finch St, Ballarat East is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1935. The property has a land size of 323m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1935
Floor Size
123m2
Land Size
323m2
Local Government
Ballarat
Lot/Plan
3/PS604719

Last Listing description (October 2021)

** PLEASE NOTE: Advertised times are for Private Inspections only. No appointment, no entry. Please call the sales agent directly to book your attendance. 10 person maximum. **

This humble three-bedroom home is perfect for a young family or investor looking to grow their portfolio. Within walking distance to the CBD and all the amenities it has to offer, a short five-minute car trip will get you back on the freeway, Melbourne bound. An open plan kitchen, living and dining features as you walk through the front door. The chef of the home will love the copious amounts of bench space which ensures even the messiest baker can cook up a storm and still serve food at the breakfast bar. Stainless steel appliances also make an appearance in the modern kitchen. All three bedrooms boast large built-in robes and will fit at least a double bed in each. The master bedroom has a large bay window making the room look and feel large when you walk in. Situated on 323m2 this property is extremely low maintenance, the backyard is fully paved with a little bit of bark and steppingstones that escorts you to the water tank. An entertainer will love the locale with pubs and restaurants only minutes away.

With a possible rental income of between $330-$350 per week this would be a great property for a first-time investor looking to start their portfolio.

* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information.

Property History for 418 Finch St, Ballarat East, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$450,000
25 Aug 2021
Listed for Rent
$350/w
18 Jun 2021
  • 25 Aug 2021
    Sold for $450,000
  • 19 Aug 2021
    Listed for Sale $450,000 - $475,000
  • 15 Jun 2021
    Listed for Rent - Price not available
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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 3,646 properties. Over the last 5 years, Houses in Ballarat East have seen a 26.56% increase in median value, while Units have seen a 16.24% increase. As at 31 October 2024:

  • The median value for Houses in Ballarat East is $465,232 while the median value for Units is $369,668.
  • Houses have a median rent of $400 while Units have a median rent of $380.
There are currently 49 properties listed for sale, and 11 properties listed for rent in Ballarat east on OnTheHouse. According to CoreLogic's data, 165 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.