615 Sherrard StreetBlack Hill VIC 3350
Property Details for 615 Sherrard St, Black Hill
615 Sherrard St, Black Hill is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1092m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (April 2024)
The location is just fantastic and surely spells opportunity. Adjacent Black Hill Primary School, Pool, and Reserve, walking tracks and mountain bike trails.
This would suggest any future development stca on this site would be an ideal place for young and old alike to aspire to living in.
Zoned Residential with land dimensions of approx. 1092m2, a frontage of approx. 21.3m and a depth of approx. 54m opens this up as an ideal Townhouse site that would cater for the huge shortage of owner occupier and investment accommodation in this location.
This current floor plan consists of 3 bedrooms a living dining area all in original condition and currently let at $335.00 pw.
The home itself is on the spectrum of would you rehabilitate or demolish?
We believe it is best suited to redevelopment, but you may have other ideas.
A copy of "Concept Plans" are available to whet the appetite and Private inspections available on 24 hours' notice.
Ballarat's Best-Selling Team
Property History for 615 Sherrard St, Black Hill, VIC 3350
- 21 Jul 2023Sold for $620,000
- 19 Apr 2023Listed for Sale $599,000 - $640,000
- 22 Dec 2022Listed for Rent $360 / week
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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 1,149 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.
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