OFF MARKET

8 Lofven Street
Nerrina VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 757m2
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Last updated 11 Nov 2024
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Property Details for 8 Lofven St, Nerrina

8 Lofven St, Nerrina is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 757m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1950
Floor Size
120m2
Land Size
757m2
Local Government
Ballarat
Lot/Plan
2/PS827715

Last Listing description (June 2020)

We are excited to present this very affordable property which will certainly appeal to first home buyers, investors or those looking for a renovation project.

Positioned on a 758m2 allotment this home features a large light filled living area, kitchen/dining room, three spaciously sized bedrooms, and a functional family bathroom.

Situated in the quiet setting of Nerrina surrounded by nature while being less than a 10 minute drive into Ballarat's CBD.

With the previous tenants paying $320 per week this offers a good return, with the opportunity to increase with minor renovations.

Call us to book your inspection.

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Property History for 8 Lofven St, Nerrina, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$342,000
12 May 2020
  • 12 May 2020
    Sold for $342,000
  • 22 Apr 2020
    Listed for Sale $359,000
  • 14 Feb 2020
    Listed for Sale From $466,385
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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.

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