SOLD
Sold on 19 Feb 2024 for $450,000

118 Canterbury Street
Brown Hill VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 122m2
Land area: 993m2
Sold By
Buxton Ballarat
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Property Details for 118 Canterbury St, Brown Hill

118 Canterbury St, Brown Hill is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1890. The property has a land size of 993m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Brown Hill in the last 12 months.

Building Type
House
Year Built
1890
Floor Size
122m2
Land Size
993m2
Local Government
Ballarat
Lot/Plan
25~65/PP5031

Last Listing description (March 2024)

This massive landholding, spanning approximately 993m2, is situated in a tranquil and serene location. It is conveniently close to excellent schools, shops, public transportation, and takeout restaurants. This property offers a remarkable opportunity, with the potential for immediate rental income and future development. The charming original Federation weatherboard house on the property is well-suited for renovation, but it is likely to be replaced with a modern redevelopment on this spacious lot. Given the increasing scarcity of large land parcels, this property holds significant potential, especially in such a fantastic location. It is currently leased with a tenant who is interested in staying, providing multiple opportunities for a motivated buyer. This property is an ideal development site and is expected to be in high demand, so please don't hesitate to get in touch and submit an offer today.

Property History for 118 Canterbury St, Brown Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$450,000
19 Feb 2024
  • 19 Feb 2024
    Sold for $450,000
  • 07 Dec 2022
    Listed for Sale $450,000 - $480,000
  • 03 Jul 2019
    Sold for $345,000
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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.

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.