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1-3/107 Simpson Street, Ballarat North$785,000
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1-3/107 Simpson Street

Ballarat North, VIC 3350, Australia
$770,000 – $800,000
4 bed 3 bath 3 car

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About this property

Situated in the highly sought-after suburb of Ballarat North, this well-maintained complex of three units presents an outstanding investment opportunity, with all three to be sold as one. Conveniently located close to quality schools, shopping facilities and everyday amenities, this is a low-maintenance addition to any investment portfolio. Each unit is currently leased, returning a combined rental income of approximately $730 per week. Unit 1 comprises two bedrooms, while Units 2 and 3 each offer one-bedroom accommodation. All three units feature a single carport and private, low-maintenance yards, ensuring ongoing appeal to tenants. Whether you're looking to expand your investment portfolio or secure a set-and-forget asset in a blue-chip location, this is an opportunity not to be missed.

Property Details

Property Type
land
Listing Type
For Sale
Bedrooms
4
Bathrooms
3
Parking
3
Listed
3 weeks ago

Repayment calculator

$3,806/month
$1,903 /fortnight
Loan $628,000 at 6.10% over 30 years

Upfront costs

Deposit$157,000
Stamp duty$42,170
Conveyancing (est.)$2,000
Total upfront$201,170
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Ballarat North

This 4-bedroom land in Ballarat North, VIC 3350 sits within reach of public transport, local shops and nearby schools. It is listed 13% above the $695,000 median of 61 comparable landswithin 5 km.

Schools near Ballarat North

  • St Columba's Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed (bus)698 m away
  • The Laundry King105 m away
  • Inkerman Gully Reserve153 m away
  • Unnamed380 m away
  • Bullock Gully Reserve415 m away

Ballarat North at a glance

Full suburb profile
Population
4,041
Median age
43
Household income
$1,290/wk
Median rent
$285/wk
Median mortgage
$1,416/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Ballarat North price trend

Median sold · House 4 bed

Compound growth +1.2% / yr over 4 yrs

$702kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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