SOLD
Sold on 14 Jun 2024 for $412,000

1 Reid Street
Brown Hill VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 753m2
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Property Details for 1 Reid St, Brown Hill

1 Reid St, Brown Hill is a 3 bedroom, 1 bathroom House. The property has a land size of 753m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Brown Hill in the last 12 months.

Building Type
House
Land Size
753m2
Local Government
Ballarat
Lot/Plan
1/LP40643

Last Listing description (August 2024)

Unlock the hidden potential and reap the rewards of this spacious corner allotment. Set on approximately 753m2 at the intersection of Reid Street and Ainley Street, this property offers an incredible opportunity for renovators, first home buyers, and investors alike.

The expansive allotment allows for the possibility of extending the existing home, adding additional living spaces, or even constructing other dwellings (STCA), providing numerous options to enhance the property's value and functionality.
Positioned at a highly desirable corner, this allotment offers side access, enhancing its appeal and potential for future development.

The property features a solidly built three-bedroom home, offering a comfortable living space with great potential for updates and personalisation.
The spacious front lounge is bathed in natural light from large windows, creating a bright and welcoming living area perfect for relaxation or entertaining.
The kitchen and dining area serve as the hub of the home, with a practical layout and ample storage, making it a perfect space for family meals and gatherings.
A significant feature of this property is the large shed, capable of housing three vehicles and providing an excellent workspace for tradesmen, hobbyists, or storage for tools and equipment.
Covering approximately 753m2, the generous land size provides ample space for outdoor activities, gardening, or constructing additional structures.
Located in a peaceful and family-friendly neighbourhood, the property is within close proximity to reputable schools, local shops, parks, and scenic walking tracks, ensuring a balanced lifestyle.
Seize the chance to transform this spacious corner allotment into your dream home or next investment project, capitalising on its vast potential and prime location.
The scope is vast, and the rewards are yours to reap. Don't miss out on this incredible opportunity!

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Property History for 1 Reid St, Brown Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$412,000
14 Jun 2024
  • 14 Jun 2024
    Sold for $412,000
  • 05 Jun 2024
    Listed for Sale $395,000 - $415,000

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About Brown Hill 3350

The size of Brown Hill is approximately 8 square kilometres. It has 7 parks covering nearly 12.3% of total area. The population of Brown Hill in 2011 was 3,078 people. By 2016 the population was 3,565 showing a population growth of 15.8% in the area during that time. The predominant age group in Brown Hill is 0-9 years. Households in Brown Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Brown Hill work in a professional occupation. In 2011, 70.8% of the homes in Brown Hill were owner-occupied compared with 70.9% in 2016.

Brown Hill has 2,558 properties. Over the last 5 years, Houses in Brown Hill have seen a 39.54% increase in median value, while Units have seen a 20.84% increase. As at 30 November 2024:

  • The median value for Houses in Brown Hill is $654,713 while the median value for Units is $375,253.
  • Houses have a median rent of $430 while Units have a median rent of $380.
There are currently 41 properties listed for sale, and 2 properties listed for rent in Brown hill on OnTheHouse. According to CoreLogic's data, 109 properties were sold in the past 12 months in Brown hill.

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