OFF MARKET

5 Butler Street
Lucas VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 375m2
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Last updated 13 May 2024
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Property Details for 5 Butler St, Lucas

Building Type
Land
Land Size
375m2
Local Government
Ballarat
Lot/Plan
323/PS846150

Last Listing description (April 2024)

Located in the thriving and established Lucas Grange Estate, this fantastic vacant allotment is ideally positioned only a moments walk from magnificent parklands, wonderful walking trails and established schools. All services are connected to this titled block and it is ready for you to build your dream home today.

Lucas continues to thrive within the heart of Ballarat's growth corridor. This block is located within strolling distance to the upcoming Lucas Grange Parklands and a short walk to the Lucas Town Centre, Lucas Central Park, future Loreto College Lucas campus and Primary Schools whilst still being only approximately 10 minutes from the Ballarat CBD. This lot has easy access back onto Cuthberts Road, allowing an easy commute in to Ballarat. This versatile allotment is an exceptional opportunity not to be missed, don't hesitate to call to start making your dream home a reality today!

Ballarat's Best-Selling Team

Property History for 5 Butler St, Lucas, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$240,000
20 May 2021
  • 21 Jul 2023
    Listed for Sale $255,000
  • 20 May 2021
    Sold for $240,000

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About Lucas 3350

The size of Lucas is approximately 7.5 square kilometres. The population of Lucas in 2011 was 645 people. By 2016 the population was 998 showing a population growth of 54.7% in the area during that time. The predominant age group in Lucas is 20-29 years. Households in Lucas are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lucas work in a professional occupation. In 2011, 92.1% of the homes in Lucas were owner-occupied compared with 60.7% in 2016.

Lucas has 3,318 properties. Over the last 5 years, Houses in Lucas have seen a 43.52% increase in median value, while Units have seen a -5.55% decrease. As at 31 October 2024:

  • The median value for Houses in Lucas is $646,511 while the median value for Units is $409,798.
  • Houses have a median rent of $460.
There are currently 46 properties listed for sale, and 14 properties listed for rent in Lucas on OnTheHouse. According to CoreLogic's data, 188 properties were sold in the past 12 months in Lucas.

Suburb Insights for Lucas 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.