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16 Anderson Street West, Ballarat Central$624,000
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16 Anderson Street West

Ballarat Central, VIC 3350, Australia
$599,000 – $649,000
4 bed 1 bath 2 car925 m²

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About this property

Positioned in one of Ballarat Central's most tightly held and convenient pockets, 16 Anderson Street West presents an increasingly rare opportunity to secure a substantial 925m² (approx.) landholding just moments from the heart of the city. Currently occupied by excellent long-term tenants who are keen to remain, the property delivers immediate rental income while offering immense future upside for investors, developers or land-bankers alike. The existing residence is a comfortable and well-maintained four-bedroom home, providing plenty of space for family living. A light-filled open-plan living zone connects seamlessly with the kitchen, creating a functional and welcoming environment. A central bathroom services the home, while the layout ensures flexibility for a variety of lifestyle or leasing arrangements. What truly sets this property apart is its size and location. Set on a broad and deep allotment in a prime central position, the site offers outstanding potential for future redevelopment, subdivision or rezoning (STCA) - a compelling proposition given the ongoing demand for inner-city Ballarat housing and infill projects. The rear yard provides a vast expanse of space, ideal for future planning or simply enjoying the benefits of a generous central landholding. Secure parking and storage are catered for with a double garage. Enjoy the unbeatable convenience of Ballarat Central living, with schools, shops, cafés, transport and medical facilities all within easy reach, reinforcing the long-term appeal of both the location and the investment. Key Highlights: • Substantial 925m² (approx.) inner-city allotment • Fantastic Ballarat Central location • Recently installed refrigerated central heating / cooling • Period four bedroom home with open-plan living • Currently leased to great tenants keen to stay on • Immediate income with long term development upside • Strong potential for redevelopment or rezoning (STCA) • Rare central land opportunity in a high growth area Whether you are seeking a solid investment with holding income, a future development site, or a blue-chip central position with options, 16 Anderson Street West represents a standout opportunity not to be missed. Ballarat's Best-Selling Team

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
1
Parking
2
Land Area
925 m²
Listed
3 months ago

Repayment calculator

$3,025/month
$1,513 /fortnight
Loan $499,200 at 6.10% over 30 years

Upfront costs

Deposit$124,800
Stamp duty$32,510
Conveyancing (est.)$2,000
Total upfront$159,310
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 Central

This 4-bedroom house in Ballarat Central, VIC 3350 sits within reach of public transport, local shops local amenities. It is listed 5% above the $597,000 median of 68 comparable houseswithin 5 km.

What's nearby

  • Federation University/Albert St (bus)87 m away
  • Eureka Pharmacy199 m away
  • Unnamed202 m away
  • Unnamed243 m away
  • Unnamed384 m away

Ballarat Central at a glance

Full suburb profile
Population
5,378
Median age
41
Household income
$1,454/wk
Median rent
$300/wk
Median mortgage
$1,600/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Ballarat Central price trend

Median sold · House 4 bed

Compound growth +0.0% / yr over 4 yrs

$1.01mcurrent median

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Price history

Price history

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16 Anderson Street West, Ballarat Central VIC — StMate