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27 Monteith Place, Ballarat Central$679,000
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27 Monteith Place

Ballarat Central, VIC 3350, Australia
$659,000 – $699,000
3 bed 2 bath 2 car133 m²

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About this property

Undoubtedly one of the finest townhouses within this highly sought-after Ballarat Central complex, this exceptional residence delivers a premium lifestyle just moments from the hospitals, train station, CBD, and the iconic Lake Wendouree. This is inner-city living at its most refined low maintenance, high style. A striking contemporary façade sets the tone, while the thoughtfully designed layout offers three bedrooms, with bedrooms two and three positioned on the ground floor, and a luxurious master retreat upstairs complete with a full-length double robe and sleek ensuite. At the heart of the home, the designer kitchen showcases quality Smeg appliances, stone benchtops, and ample cabinetry, seamlessly connecting to the open-plan living and dining zone. Sliding doors extend the space outdoors to a stunning alfresco area, enhanced by a 6 metre motorised retractable awning - perfect for year-round entertaining and a true extension of the interior. Comfort is assured with split-system heating and cooling. Oversized double car garage with additional storage space, and a walk in European laundry. Positioned away from Drummond Street North, the home enjoys peace and privacy, with ample visitor parking conveniently located out the front. Set on approximately 183sqm, and with an estimated rental return of $475 - $495 per week, this property represents an outstanding opportunity for both owner-occupiers and investors, with potential for long-term leasing or Airbnb. Walk to the hospitals, train station, CBD and Lake Wendouree. Contact Tony today for your very own private inspection.

Property Details

Property Type
townhouse
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
2
Land Area
133 m²
Listed
2 months ago

Repayment calculator

$3,292/month
$1,646 /fortnight
Loan $543,200 at 6.10% over 30 years

Upfront costs

Deposit$135,800
Stamp duty$35,810
Conveyancing (est.)$2,000
Total upfront$173,610
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 3-bedroom townhouse in Ballarat Central, VIC 3350 sits within reach of public transport, local shops local amenities. It is listed 18% below the $824,000 median of 62 comparable townhouseswithin 5 km.

What's nearby

  • Ballarat Base Hospital/Drummond St N (bus)765 m away
  • Petstock Creswick Rd523 m away
  • Drummond Street North Reserve154 m away
  • Unnamed395 m away
  • Unnamed959 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

Flood Risk

Complete
Medium flood risk

None

Low

Medium

High

Flood zone

Land Subject to Inundation Overlay (LSIO) / Ballarat Creek catchment

Ballarat Central is situated within the Ballarat Creek catchment and subject to Land Subject to Inundation Overlay (LSIO) controls under the City of Ballarat Planning Scheme. The township has experienced historical flooding events and lies in a topographical basin, making it moderately susceptible to inundation during significant rainfall events. Planning controls require flood-aware development and stormwater management.

Planning controls

  • Compliance with VIC Planning Scheme LSIO requirements for floor levels and building design
  • Stormwater management and detention basin assessments for developments
  • Flood Risk Assessment required for planning permits in identified flood-prone areas
  • Freeboard and finished floor level requirements above modelled flood levels
Source: StMate AI — VIC flood overlays06/05/2026
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.

Suburb market

Suburb price trend

Ballarat Central price trend

Median sold · House 3 bed

Compound growth -1.7% / yr over 4 yrs

$650kcurrent median

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

Full Ballarat Central market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

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