OFF MARKET

35 Ballagh Street
Elliminyt VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 11398m2
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Last updated 16 Sep 2024
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Property Details for 35 Ballagh St, Elliminyt

35 Ballagh St, Elliminyt is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 11398m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Land Size
11398m2
Local Government
Colac Otway
Lot/Plan
37~B/PP2586

Last Listing description (June 2017)

This magnificent acreage zoned residential 1 in the heartland of Elliminyt is ripe for all manner of potentials. Whether you are a budding Donald Trump and wish to take on the property development world... the contracts are already on your side with a current permit in place for a 5 lot subdivision. You could get creative and increase the allotments but this would require a new submission with the Colac Otway Shire.
If you are a home owner seeking a project this three bedroom western red cedar home is in modest condition and with a reno over months or years could be restored to it's former immaculate condition. The jewel of the property is with out a doubt the land...1.14 hectares approximately of space to pursue all manner of outdoor pursuits.
If you are investor and wish to secure a future for potential financial gain, then this property may also be the golden goose... with some work completed on the dwelling

(kitchen and bathroom are in good order) and with Colac's historically high rental returns and low vacancy rates you are on a winner.

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Property History for 35 Ballagh St, Elliminyt, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$1,400,000
03 Mar 2023
  • 03 Mar 2023
    Sold for $1,400,000
  • 24 Oct 2014
    Listed for Sale $550,000
  • 29 May 2001
    Sold for $119,000

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About Elliminyt 3250

The size of Elliminyt is approximately 34.5 square kilometres. It has 10 parks covering nearly 2.8% of total area. The population of Elliminyt in 2011 was 2,645 people. By 2016 the population was 2,873 showing a population growth of 8.6% in the area during that time. The predominant age group in Elliminyt is 10-19 years. Households in Elliminyt are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Elliminyt work in a trades occupation. In 2011, 85.1% of the homes in Elliminyt were owner-occupied compared with 84.9% in 2016.

Elliminyt has 1,697 properties. Over the last 5 years, Houses in Elliminyt have seen a 41.96% increase in median value, while Units have seen a 20.12% increase. As at 31 August 2024:

  • The median value for Houses in Elliminyt is $632,754 while the median value for Units is $343,575.
  • Houses have a median rent of $485 while Units have a median rent of $205.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Elliminyt on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Elliminyt.

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