OFF MARKET

2/518 Sherrard Street
Black Hill VIC 3350

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 228m2
Land area: 751m2
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Property Details for 2/518 Sherrard St, Black Hill

2/518 Sherrard St, Black Hill is a 5 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1955. The property has a land size of 751m2 and floor size of 228m2.

Building Type
Unit
Year Built
1955
Floor Size
228m2
Land Size
751m2
Local Government
Ballarat

Last Listing description (July 2014)

NEW PRICE PLUS POSITION POSITION TWO IN ONE-5 Bedroom brick home plus 2 bedroom brick unit in fantastic location metres to Black Hill primary school
Opportunity rarely presents its self to purchase a sound and solid 5 bedroom brick veneer home plus a comfortable 2 bedroom brick unit seperately metred. This 7 bedroom property is positioned in one off ballarat most sought after locations Ballarat North and Black Hill. The house itself is in excellent condition consisting of an upgraded boutique kitchen with dishwasher, formal lounge, and a large kitchen, family area, 2 bathrooms and 3 toilets are in the house which has ducted heating and vacuum systems plus a security alarm and split system air conditioning. The double carport also operates as an outdoor dining area which leads through the landscaped colourful garden to a double garage or workshop. The 2 bedroom unit enters from the carport and is neat as a pin throughout with a light and colouful kitchen spacious lounge room with Rinnai heating and 2 good size bedrooms. This property is perfect for an extended family or for the purchaser to rent and receive income for the unit or rent out both the house and unit to seperate tenants. The potential to earn fabulous income or cater for a very large family just 50 metres from Black Hill primary school and two blocks from bus stop, post office and milkbar. Be quick these properties are rarely come on the market ???THINKING OF SELLING GSRE OFFERS FREE ADVERTISING NO SALE ??? NO CHARGE

Property History for 2/518 Sherrard St, Black Hill, VIC 3350

A timeline of how this property has performed in the market
Listed for Rent
$370/w
03 Oct 2014
  • 27 Aug 2014
    Listed for Rent $370 / week
  • 29 Nov 2013
    Listed for Sale $420,000-$440,000
  • 17 Nov 2011
    Listed for Sale BUYERS GUIDE AROUND $470,000

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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.