5 Lane StreetBrown Hill VIC 3350
Property Details for 5 Lane St, Brown Hill
5 Lane St, Brown Hill is a 3 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 923m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Brown Hill in the last 12 months.
Last Listing description (December 2024)
A history filled home with space expanding over 900sqm in a fantastic location offering an exciting opportunity for savvy investors and developers to choose from.
This neat, rich in history home, features three bedrooms with original polished floorboards throughout and is ready for transformation.
The home offers a well-appointed kitchen / dining and living area, the kitchen features gas uptight stove as well as plenty of cupboards for storage.
All set on a spacious block of 923sqm there's room for a variety of development possibilities STCA.
Car accommodation is well catered for with off street parking for two vehicles while storage is also accounted for with a 5.9m x 8.5m shed completed with hoist, concrete and power.
When location is important, we are within 6 minutes to the Ballarat CBD and moments from the Freeway for those looking to commute, this is the prefect property to enter the Brown Hill market
An incredibly rare opportunity awaits contact Tony to arrange your own private inspection.
Property History for 5 Lane St, Brown Hill, VIC 3350
- 29 Aug 2024Sold for $420,000
- 21 Feb 2024Listed for Sale $425,000 - $435,000
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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.
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