SOLD
Sold on 22 Nov 2024 for $380,000

52 Cromwell Street
Sebastopol VIC 3356

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 720m2
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Property Details for 52 Cromwell St, Sebastopol

Building Type
Commercial
Land Size
720m2
Local Government
Ballarat
Lot/Plan
6/PS304908

Last Listing description (October 2016)

For tradespeople looking to exit the rental market and to purchase their own property this warehouse/office opportunity offers a perfect start and with interest rates so low who wants to pay rent? This well situated property offers
- 9.6m x 23.4m (approx) corrugated iron shed with brick front
- Building area 224m2 (approximately)

- Security lighting and 8 security cameras
- Separate office and staff room with heating
- Land area 701m2, vehicle access to rear of property
- Secure fencing, 3 phase power and wood fire

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Property History for 52 Cromwell St, Sebastopol, VIC 3356

A timeline of how this property has performed in the market
Last Sold
$380,000
22 Nov 2024
  • 22 Nov 2024
    Sold for $380,000
  • 04 Oct 2016
    Sold for $242,000
  • 30 Jun 2016
    Listed for Sale $235,000 + GST
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About Sebastopol 3356

The size of Sebastopol is approximately 8.5 square kilometres. It has 15 parks covering nearly 6.1% of total area. The population of Sebastopol in 2011 was 9,398 people. By 2016 the population was 10,020 showing a population growth of 6.6% in the area during that time. The predominant age group in Sebastopol is 20-29 years. Households in Sebastopol are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sebastopol work in a trades occupation. In 2011, 61.3% of the homes in Sebastopol were owner-occupied compared with 55.6% in 2016.

Sebastopol has 6,370 properties. Over the last 5 years, Houses in Sebastopol have seen a 29.43% increase in median value, while Units have seen a 30.88% increase. As at 30 November 2024:

  • The median value for Houses in Sebastopol is $408,720 while the median value for Units is $314,437.
  • Houses have a median rent of $380 while Units have a median rent of $350.
There are currently 53 properties listed for sale, and 18 properties listed for rent in Sebastopol on OnTheHouse. According to CoreLogic's data, 296 properties were sold in the past 12 months in Sebastopol.

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