OFF MARKET

1/508 Sherrard Street
Black Hill VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 158m2
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Last updated 18 Nov 2024
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Property Details for 1/508 Sherrard St, Black Hill

1/508 Sherrard St, Black Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 158m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
1987
Floor Size
116m2
Land Size
158m2
Local Government
Ballarat
Lot/Plan
1/SP27922

Last Listing description (June 2024)

-Highly Regarded Location

A great value opportunity in the highly regarded Black Hill location. Within walking distance to Black Hill Primary School, Post Office, Shops and public transport certainly adds appeal to this great 2 bedroom late 1980s unit.

Set at the front of the site with a very generous front yard single lock up garage and offering a spacious living and separate dining area.

Both bedrooms are a good size with built in robes, a lovely light filled kitchen with views to the garden and a single bathroom with separate toilet, set this up as a must see option for investors, First Home Buyers or Downsizers that know it's all about location location location.

Currently in a fixed term lease until November 2024.

Ballarat's Best-Selling Team.

Property History for 1/508 Sherrard St, Black Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$251,000
21 May 2018
Listed for Rent
$250/w
12 Jul 2018
  • 30 Nov 2022
    Listed for Sale $355,000 - $380,000
  • 29 Jun 2018
    Listed for Rent $250 / week
  • 21 May 2018
    Sold for $251,000
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About Black Hill 3350

The size of Black Hill is approximately 1.8 square kilometres. It has 7 parks covering nearly 32.3% of total area. The population of Black Hill in 2011 was 2,131 people. By 2016 the population was 2,118 showing a population decline of 0.6% in the area during that time. The predominant age group in Black Hill is 20-29 years. Households in Black Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Black Hill work in a professional occupation. In 2011, 62.6% of the homes in Black Hill were owner-occupied compared with 61.2% in 2016.

Black Hill has 1,148 properties. Over the last 5 years, Houses in Black Hill have seen a 26.60% increase in median value, while Units have seen a 27.93% increase. As at 31 October 2024:

  • The median value for Houses in Black Hill is $605,294 while the median value for Units is $358,607.
  • Houses have a median rent of $395 while Units have a median rent of $380.
There are currently 10 properties listed for sale, and no properties listed for rent in Black hill on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Black hill.

Suburb Insights for Black Hill 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.