OFF MARKET

1/512 Peel Street N
Black Hill VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 238m2
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Property Details for 1/512 Peel St N, Black Hill

1/512 Peel St N, Black Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 238m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1980
Floor Size
70m2
Land Size
238m2
Local Government
Ballarat
Lot/Plan
1/SP33173

Last Listing description (September 2022)

Situated in Ballarat's highly regarded suburb of Black Hill, sits this well presented two bedroom brick unit that will tick the boxes for many.

From the minute you step inside you will feel right at home with the neutral colour pallet and updates throughout.
With a functional floor plan the home features a spacious living area plus a separate dining space that is generously proportioned.

Light and inviting, the kitchen offers ample cupboards and bench space with gas cooker.
The two bedrooms are great in size and both feature built in robes. They are serviced by a central bathroom with shower, bath, vanity and separate toilet.
Vinyl plank flooring flows seamlessly through the home, with carpet to the bedrooms and updated window furnishings throughout.
Your comfort is ensured all year round with a gas heater plus split system heating and cooling.
Nestled at the front of a quiet complex the property sits on approximately 238m2 with street frontage.
Outside we have a low maintenance rear courtyard with direct access into the single lock up garage.
With an estimated rental return of $320 per week, this would make an ideal set and forget investment opportunity.
Perfectly positioned less than 5 minutes to the Ballarat CBD, train station and within easy access to the freeway for commuters.

Property History for 1/512 Peel St N, Black Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$372,000
03 Sep 2022
Listed for Rent
$320/w
26 Oct 2022
  • 03 Sep 2022
    Sold for $372,000
  • 10 Aug 2022
    Listed for Sale $349,000 - $369,000
  • 08 Jun 2019
    Listed for Rent - Price not available
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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.