528 Eureka StreetEureka VIC 3350
Property Details for 528 Eureka St, Eureka
Last Listing description (May 2019)
New 15 year lease to Village Early Education to 2033
Two generous 10 year options to 2053
Fixed 3% annual rent increases
Purpose-built 748 sqm double-storey childcare facility licensed for 92 LDC places
Tenant pays all outgoings, excluding land tax
Central 1,616 sqm site located only 2km east from the Ballarat CBD
Ballarat: Victoria s largest inland City and the Capital of Western Victoria, servicing a trade catchment of circa 400,000+ residents and one of Australia s fastest growing regional centres
New construction with substantial taxation saving depreciation
Net Income: $228,392 pa + GST and Outgoings
Private Sale
Property History for 528 Eureka St, Eureka, VIC 3350
- 10 Jun 2019Sold for $3,480,000
- 02 Nov 2018Listed for Sale Auction 12/12/18
- 04 Sep 2016Sold for $750,000
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About Eureka 3350
The size of Eureka is approximately 0.4 square kilometres. It has 1 park. The population of Eureka in 2011 was 628 people. By 2016 the population was 628 showing a stable population in the area during that time. The predominant age group in Eureka is 20-29 years. Households in Eureka are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Eureka work in a community and personal service occupation. In 2011, 59.2% of the homes in Eureka were owner-occupied compared with 54.3% in 2016.
Eureka has 344 properties. Over the last 5 years, Houses in Eureka have seen a 27.70% increase in median value, while Units have seen a 24.47% increase. As at 31 October 2024:
- The median value for Houses in Eureka is $449,675 while the median value for Units is $356,502.
- Houses have a median rent of $380.
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