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Sold on 05 Feb 2024 for $605,000

507 Norman Street
Ballarat North VIC 3350

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 764m2
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Property Details for 507 Norman St, Ballarat North

507 Norman St, Ballarat North is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 764m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Ballarat North in the last 12 months.

Building Type
House
Land Size
764m2
Local Government
Ballarat
Lot/Plan
3/LP40442

Last Listing description (February 2024)

Outstanding location in popular Ballarat North, this charming solid 4 bedroom home will appease buyers in all categories. A home offering comfortable contemporary living whilst being within close access to schools, shops and public transport. The floorplan provides a spacious living experience combined with unique features including a self-contained bungalow on a separate electric metre allowing private quarters for a retreat, studio or an added revenue stream.

Bathed in natural light the large living room creates a warm inviting ambiance for your family to relax, the kitchen features modern design elements including stone benchtops, two separate ovens, soft close joinery, stainless steel appliances and sleek modern finishes. Timber flooring throughout allows a touch of elegance as you seamlessly transition down the hall to the 3 generously sized bedrooms, two of which feature built-in robes providing ample storage and a centrally appointed modern bathroom offering convenience with separate bath and shower. Other features to note include gas central heating, single lock up garage plus the bonus of extra storage space under the house.

Transitioning outside you see how this large 764m2 (approx..) allotment has been utilized to ensure it meets the needs of even the most fastidious of homebuyers. A large undercover entertaining area has been perfectly positioned looking out over the paved patio space and is privately enclosed by established trees and lovely gardens. The separate bungalow space has its own ensuite, lounge and kitchen with reverse cycle heating and cooling ensuring a complete self-contained space with its own side access, and is currently leased on a month-to-month basis at $150 pwk. Combine this with the main house returning an expected rental of $400 pwk yielding great potential for the savvy investor. Don't delay calling Matt for an inspection, this home is full of surprises!

Property History for 507 Norman St, Ballarat North, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$605,000
05 Feb 2024
  • 12 Jan 2024
    Sold for $605,000
  • 05 Dec 2023
    Listed for Sale Not Disclosed
  • 27 May 2019
    Sold for $415,000
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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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Contact agent
Matthew Tunbridge
Show contact details
Doepel Lilley & Taylor
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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.