SOLD
Sold on 02 Apr 2024 for $230,000

10 Observation Court
Brown Hill VIC 3350

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 698m2
Sold By
JensVeal Partners
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Property Details for 10 Observation Ct, Brown Hill

Building Type
Land
Land Size
698m2
Local Government
Ballarat
Lot/Plan
13/PS747096

Last Listing description (June 2024)

An elevated block on the fringe of the city is always going to offer a totally different outlook to most other vacant blocks on the market today, and this is where our vacant building block at Lot 13 Observation Court really comes into its own.

However, it's not just about the views.

Located only 6 kms from the Ballarat CBD, on the one hand we have all of the facilities and amenities that inner-city living provides, while on the other, we are even closer to the tranquillity of a country lifestyle and the parklands of the Gong Gong Reservoir, while the beautiful Yarrowee trail for walking or riding are just over the road.

Access to Melbourne is also easy with the entrance to the Western Freeway only 1km from your doorstep.

There is a lot to consider here, so please study the site, the location, and the scarcity of quality vacant land in the area and let's see how we can make this unique property yours.

Property History for 10 Observation Ct, Brown Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$230,000
02 Apr 2024
  • 02 Apr 2024
    Sold for $230,000
  • 13 Jul 2023
    Listed for Sale $280,000
  • 30 Oct 2020
    Sold for $180,000
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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 2,551 properties. Over the last 5 years, Houses in Brown Hill have seen a 41.22% increase in median value, while Units have seen a 19.46% increase. As at 31 October 2024:

  • The median value for Houses in Brown Hill is $655,729 while the median value for Units is $373,048.
  • Houses have a median rent of $428 while Units have a median rent of $370.
There are currently 40 properties listed for sale, and 2 properties listed for rent in Brown hill on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Brown hill.

Suburb Insights for Brown 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.