OFF MARKET

4 Lofven Street
Nerrina VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 58m2
Land area: 2150m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 4 Lofven St, Nerrina

Building Type
Land
Year Built
1900
Floor Size
58m2
Land Size
2150m2
Local Government
Ballarat
Lot/Plan
5~34/PP5031

Last Listing description (November 2024)

A large allotment of over half an acre (2150m2 approx) in sought after Nerrina, just over 2km to the Ballarat Train Station and the heart of town. With two street frontages and General Residential zoning, the site is ripe for development with so much potential.

Surrounded by quality homes and with schools, shopping, public transport and sporting facilities nearby, makes this is truly unique opportunity to purchase now to land bank, or get your new construction underway. There is currently a weatherboard dwelling, carport and old shed on site, however the house isnt habitable and requires demolition, which opens up the opportunity to start fresh on a blank canvas.


Contact Chris for further details.

Property History for 4 Lofven St, Nerrina, VIC 3350

A timeline of how this property has performed in the market
Last Transferred
12 Jul 2010
  • 02 Feb 2024
    Listed for Sale Not Disclosed
  • 12 Jul 2010
    Transferred

Commute Calculator

About Nerrina 3350

The size of Nerrina is approximately 6.7 square kilometres. It has 4 parks covering nearly 57.8% of total area. The population of Nerrina in 2011 was 849 people. By 2016 the population was 958 showing a population growth of 12.8% in the area during that time. The predominant age group in Nerrina is 50-59 years. Households in Nerrina are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nerrina work in a professional occupation. In 2011, 91.7% of the homes in Nerrina were owner-occupied compared with 90% in 2016.

Nerrina has 479 properties. Over the last 5 years, Houses in Nerrina have seen a 28.93% increase in median value. As at 31 October 2024:

  • The median value for Houses in Nerrina is $740,073 while the median value for Units is $394,620.
  • Houses have a median rent of $505.
There are currently 4 properties listed for sale, and no properties listed for rent in Nerrina on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Nerrina.

Suburb Insights for Nerrina 3350

Market Insights
Nerrina Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Nerrina Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.