OFF MARKET

512/512A Eureka Street
Ballarat East VIC 3350

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Land area: 547m2
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Last updated 30 Sep 2024
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Property Details for 512/512a-B Eureka St, Ballarat East

512/512a-B Eureka St, Ballarat East is a 4 bedroom, 3 bathroom Townhouse with 3 parking spaces. The property has a land size of 547m2.

Building Type
Townhouse
Land Size
547m2
Local Government
Ballarat

Last Listing description (May 2019)

Here's a unique opportunity to purchase two smart looking, spacious townhouses (side by side) with four bedrooms, sun kissed living area with lounge, beautiful open plan kitchen/dining fitted with stainless steel appliances and three modern, fully tiled bathrooms.
This contemporary split level design offers quality materials and stylish appointments with a focus on maximising space and effortless functionality.
Both homes are enhanced by full width glass, extending to an undercover balcony and patio deck, perfect for relaxed entertaining, a single car garage with remote access, central heating plus a freestanding combustion heater. Interiors reflect fabulous modern flair, offering polished timber floors, stainless steel, glass and timber balustrade, ceiling fans and stone bench tops.

The bonus of these homes from an investment perspective is that they are tenanted collectively at $725 per week or $37,700 per annum.
These townhouses sit peacefully opposite the Eureka Stockade Gardens and swimming pool, bus stop only metres away and minutes from the emerging food and shopping culture booming in central Ballarat, while also offering a myriad of amenities in and around the Eureka precinct.

Property History for 512/512a-B Eureka St, Ballarat East, VIC 3350

A timeline of how this property has performed in the market
  • 13 Sep 2018
    Listed for Sale $345,000 each

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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 27.08% increase in median value, while Units have seen a 21.40% increase. As at 31 August 2024:

  • The median value for Houses in Ballarat East is $456,684 while the median value for Units is $371,477.
  • Houses have a median rent of $400 while Units have a median rent of $380.
There are currently 41 properties listed for sale, and 6 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.