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2/411 Drummond Street South, Ballarat Central$440,000

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2/411 Drummond Street South

Ballarat Central, VIC 3350, Australia

$440,000

2 bed 1 bath 1 car

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Listing description

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

Repayment calculator

$2,133/month

$1,067 /fortnight

Loan $352,000 at 6.10% over 30 years

Upfront costs

Deposit$88,000

Stamp duty$21,470

Conveyancing (est.)$2,000

Total upfront$111,470

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 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.

Due diligence

Property Report

Schools

Complete

Likely public catchment

Ballarat Central is likely zoned for Ballarat Primary School (primary) and Ballarat High School (secondary) as the main public catchment schools. Verify current catchment boundaries with the Victorian Curriculum and Assessment Authority (VCAA) or Department of Education.

Ballarat Central offers strong access to public education through well-established Ballarat Primary and Ballarat High School, complemented by several Catholic primary and secondary options including St Patrick's College and Loreto. The area also has independent alternatives like Ballarat Grammar. Families should confirm exact catchment zoning with official VIC school finder tools.

Nearby schools

In catchment

Ballarat Primary School

Nearest

0.3 km

Ballarat Primary School

Schools near this property

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Distance from this property is exact (rings = km). Direction is illustrative.

PublicCatholicIndependent

🎒

Ballarat Primary School

In catchment

primary·Public Central public primary

300 m

🎓

Ballarat High School

In catchment

secondary·Public Major public secondary in Ballarat CBD

500 m

🎓

St Patrick's College

secondary·Catholic Established Catholic secondary

1.2 km

🎒

St Catherine's Primary School

primary·Catholic Catholic primary in central area

1.5 km

🎒

Sacred Heart Primary School

primary·Catholic

2.0 km

🎓

Loreto College

secondary·Catholic Catholic girls secondary

2.5 km

🏫

Ballarat Grammar School

combined·Independent Independent combined school

2.8 km

Catchment information is indicative only. Always verify with the relevant state education department before making enrolment decisions.

Source: StMate AI — VIC schools06/05/2026

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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