2/411 Drummond Street South
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About this property
Positioned in one of Ballarat's most convenient locations, this nicely presented two-bedroom unit offers an outstanding opportunity for investors, downsizers, or those seeking an easy-care lifestyle right in the heart of the city. Very well maintained and in excellent condition throughout, the home features a well-designed floorplan that maximises both space and natural light. The unit is kept comfortable year-round with gas heating and a split system air conditioner, while the functional kitchen connects seamlessly to the dining zone for effortless everyday living. Both bedrooms are generously proportioned, serviced by a neat and practical bathroom, completing a home that is as comfortable as it is low maintenance. Investors will appreciate the proven appeal of this location, with easy access to cafes, shopping, public transport, hospitals, and Ballarat's CBDall key drivers of strong rental demand and low vacancy rates. A standout opportunity in a proven locationinspect with confidence.
Property Details
- Property Type
- apartment
- Listing Type
- Sold
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 1
- Listed
- 2 months ago
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Neighbourhood
Living in Ballarat Central
This 2-bedroom apartment in Ballarat Central, VIC 3350 sits within reach of public transport, local shops local amenities. It is listed 27% below the $599,000 median of 62 comparable apartmentswithin 5 km.
What's nearby
- South St/Drummond St S (bus) — 65 m away
- Barry James Auto Body Repairs — 314 m away
- Unnamed — 248 m away
- Unnamed — 370 m away
- Unnamed — 464 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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Property Report
Future Development
Ballarat Central is experiencing steady urban renewal focused on heritage-adaptive mixed-use development in the CBD core, particularly along Sturt and Lydiard Streets. Surrounding suburbs like Wendouree and outer precincts show moderate residential subdivision activity targeting middle-income families. Development activity reflects regional growth trends and council priorities around town centre revitalisation and infrastructure support.
Nearby projects
6
Closest
0.2 km
Ballarat Central Mixed-Use Precinct
Distance from this property is exact (rings = km). Direction is illustrative.
Ballarat Central Mixed-Use Precinct
0.2 kmInner-city renewal focusing on heritage-adaptive commercial, residential apartments and retail activating Sturt Street and Armstrong Street.
2026-2028
Central Ballarat Heritage Streetscape Improvements
0.5 kmPublic realm and heritage conservation works targeting Lydiard Street and associated laneways.
2025-2026
Ballarat Aquatic Centre Upgrade
1.2 kmRecent redevelopment of recreational facility with improved aquatic and wellness facilities near the CBD.
Ballarat Regional Hospital Car Park Expansion
2.1 kmMulti-level car park and associated works to support major regional health facility.
2025
Wendouree Village Residential Development
3.5 kmMulti-stage townhouse and detached housing estate in Wendouree with 200+ lots approved by City of Ballarat.
2025-2027
Gong Gong Estate Residential Subdivision
4.8 kmOuter-suburban family housing estate with 150+ allotments in established growth corridor.
Suburb market
Suburb price trend
Ballarat Central price trend
Median sold · Unit 2 bed
Compound growth +0.0% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Ballarat Central marketThis listing
Price history
Price history
Listing price changes & sale
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