1011 Havelock StreetBallarat North VIC 3350
Property Details for 1011 Havelock St, Ballarat North
1011 Havelock St, Ballarat North is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 627m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Last Listing description (July 2019)
'HavaStay' located in the quiet but central suburb of North Ballarat is a cosy and comfortable renovated 2 bedroom home just 50 metres from the closest bus stop, 5 minute drive to Ballarat Central Station, with cafes, pubs, schools, kindergartens, chemist, walking tracks, bakery and speciality shops in the immediate area. You will truly love the lifestyle offered by this gorgeous renovated 2 bedroom home in this much sought after location.
Renovated throughout including new electrical wiring, new hot water service, new gas log heater, new carpet, new reverse cycle air conditioning, new vinyl and new stove - there is simply nothing left to do.
Currently operated as an AirBnB returning $480 per week, with an average occupancy rate of 80% in the first 6 months of operation this is a very attractive opportunity to the savvy investor, not to mention the capital growth currently being experienced in the North Ballarat area. The current owners are willing to sell the property and business as either a going concern to investors or with vacant possession to those looking to owner occupy.
* 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 1011 Havelock St, Ballarat North, VIC 3350
- 20 Jun 2019Sold for $321,500
- 11 Jun 2019Listed for Sale Price by Negotiation $299,000 - $328,000
- 16 Nov 2012Sold for $176,000
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About Ballarat North 3350
The size of Ballarat North is approximately 2.6 square kilometres. It has 4 parks covering nearly 2.3% of total area. The population of Ballarat North in 2011 was 3,923 people. By 2016 the population was 3,931 showing a population growth of 0.2% in the area during that time. The predominant age group in Ballarat North is 50-59 years. Households in Ballarat North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat North work in a professional occupation. In 2011, 68.4% of the homes in Ballarat North were owner-occupied compared with 64.9% in 2016.
Ballarat North has 2,313 properties. Over the last 5 years, Houses in Ballarat North have seen a 29.65% increase in median value, while Units have seen a 28.49% increase. As at 31 October 2024:
- The median value for Houses in Ballarat North is $597,577 while the median value for Units is $349,366.
- Houses have a median rent of $405 while Units have a median rent of $340.
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