OFF MARKET

704 Nicholson Street
Black Hill VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 1613m2
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Property Details for 704 Nicholson St, Black Hill

704 Nicholson St, Black Hill is a 2 bedroom, 1 bathroom House. The property has a land size of 1613m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
House
Land Size
1613m2
Local Government
Ballarat
Lot/Plan
22~61/PP5031

Last Listing description (June 2017)

In an elevated Ballarat North location is this excellent development opportunity with PLANNING APPROVAL IN PLACE for the construction of 5 townhouses. Sitting at the front of the block is a two bedroom cottage, currently let at $180 per week, providing an immediate return for the astute purchaser while bringing the project to fruition. The allotment has a frontage to Nicholson Street of approximately 26 meters and a depth of approximately 63 meters, a total in excess of 1600m2. Properties with this sort of potential are becoming harder and harder to find, so don't wait, contact us today for more information

Property History for 704 Nicholson St, Black Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$360,000
28 Oct 2016
Listed for Rent
$200/w
13 Jan 2017
  • 25 Nov 2016
    Listed for Rent $200 / week
  • 28 Oct 2016
    Sold for $360,000
  • 19 Oct 2016
    Listed for Sale Price by Negotiation $350,000 - $370,000
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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 1,148 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 2 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.