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Sold on 05 Oct 2023 for $530,000

402 Landsborough Street
Ballarat North VIC 3350

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 683m2
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Property Details for 402 Landsborough St, Ballarat North

402 Landsborough St, Ballarat North is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 683m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 4 bedroom House sold in Ballarat North in the last 12 months.

Building Type
House
Land Size
683m2
Local Government
Ballarat
Lot/Plan
10/LP22206

Last Listing description (October 2023)

Perfectly located in one of Ballarat most sought after suburbs, 402 Landsborough Street, Ballarat North is the ideal opportunity for any astute investor, first home buyer or young families. Set on a corner allotment of approximately 683m2 and in close proximity to the Ballarat CBD, Northway Shopping Centre and walking distance to Ballarat North Primary and Black Hill Primary Schools, you can't go wrong.

Offering four great sized bedrooms, three with built-in-robes, modern bathroom, spacious lounge and separate kitchen/meals area, the home flows perfectly. Additional features include timber flooring, gas central heating, electric cooking & dishwasher.

Being on a corner block, the property is also ripe for future development for a two lot subdivision STCA.

Estimated rental return of $440pw

Opportunities like this don't come up too often, be sure to get in quick to secure a great investment property.

Property History for 402 Landsborough St, Ballarat North, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$530,000
05 Oct 2023
Listed for Rent
$430/w
10 Oct 2019
  • 27 Sep 2023
    Sold for $530,000
  • 31 Aug 2023
    Listed for Sale $520,000 - $570,000
  • 21 Apr 2023
    Listed for Sale $590,000 - $620,000
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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 2,310 properties. Over the last 5 years, Houses in Ballarat North have seen a 31.29% increase in median value, while Units have seen a 47.74% increase. As at 31 August 2024:

  • The median value for Houses in Ballarat North is $588,056 while the median value for Units is $378,342.
  • Houses have a median rent of $410 while Units have a median rent of $335.
There are currently 32 properties listed for sale, and 4 properties listed for rent in Ballarat north on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Ballarat north.

Suburb Insights for Ballarat North 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.