OFF MARKET

10/511 Nicholson Street
Black Hill VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 90m2
Land area: 313m2
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Property Details for 10/511 Nicholson St, Black Hill

10/511 Nicholson St, Black Hill is a 2 bedroom, 1 bathroom Townhouse and was built in 1990. The property has a land size of 313m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in March 2007.

Building Type
Townhouse
Year Built
1990
Floor Size
90m2
Land Size
313m2
Local Government
Ballarat
Lot/Plan
10/PS301254

Last Listing description (September 2024)

Designed for practical living, this property is an excellent choice for first home buyers, savvy investors, or those seeking a downsized lifestyle.

Comprising of two generous sized bedrooms both feature built-in robes.
The bathroom is spacious in size and offers separate shower great sized vanity.

The open plan / dining / kitchen living area is well-equipped, the kitchen showcases gas hotplates, electric wall oven, built in pantry as well as plenty of cupboard and bench preparation space.
Car accommodation is well catered for with a single lock up garage with access through to the yard.
With an estimated rental return of $350-$380 per week this would make for a wonderful investment to set and forget.
The location here is superb we are moments away to supermarkets, cafes, speciality shops, chemists, medical facilities and being within walking distance to the Ballarat CBD, this is a wonderful location to lead a desirable lifestyle.
An incredible opportunity to break into the popular Black Hill suburb or simply add that stress free investment to the property to the portfolio.
Be quick on this one! Contact Tony to arrange your very own private inspection.

Property History for 10/511 Nicholson St, Black Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$175,000
28 Mar 2007
Listed for Rent
$220/w
11 Feb 2015
  • 17 Apr 2024
    Listed for Sale $365,000 - $375,000
  • 20 Jan 2015
    Listed for Rent $220 / week
  • 28 Mar 2007
    Sold for $175,000
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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 1,143 properties. Over the last 5 years, Houses in Black Hill have seen a 26.61% increase in median value, while Units have seen a 32.69% increase. As at 30 September 2024:

  • The median value for Houses in Black Hill is $596,972 while the median value for Units is $372,724.
  • Houses have a median rent of $395 while Units have a median rent of $373.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Black hill on OnTheHouse. According to CoreLogic's data, 43 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.