616 Nicholson St, Black Hill is a 3 bedroom, 1 bathroom House. The property has a land size of 1001m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Located in the ever popular and tightly held Black Hill, close to schools parks and a short distance to the Ballarat Train Station and CBD is this outstanding opportunity to secure a classic period home set on a massive land holding of approx. 1001m2. There are so many options with a blue-chip property like this; renovate, extend, rent, develop (STCA). The property itself offers a functional floorplan with three spacious bedrooms, open plan kitchen and living space, second separate living area and a large undercover entertaining area at the rear. There is also the added bonus of a four car garage and a double carport with plenty of off street parking space available too. Currently tenanted on a periodic lease with vacant possession available, this property is sure to impress. Just be quick!
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:
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