3 Hill Street
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About this property
Positioned in a sought-after central location, this period style residence presents an exciting opportunity for renovators, investors, or buyers looking to add value over time. Set behind an attractive facade with undeniable street appeal, the home offers plenty of character along with generous proportions throughout. Inside, the flexible floorplan features three spacious bedrooms, a formal lounge, separate dining room, and a large kitchen area with ample space for future improvement. While the property is in need of renovation and modern updates, it is compliant with current minimum rental standards, allowing investors the option to lease the home immediately while planning future renovation. Located within close proximity to the Ballarat CBD, public transport, cafes, schools, and everyday amenities, this is an affordable entry into one of Ballarat's inner-city pockets. With character homes in central locations continuing to attract strong demand, this is an outstanding opportunity to secure a well-priced property with enormous potential at an affordable price point.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 274 m²
- Listed
- 1 month ago
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Neighbourhood
Living in Ballarat Central
This 3-bedroom house in Ballarat Central, VIC 3350 sits within reach of public transport, local shops local amenities. It is listed 28% below the $595,000 median of 61 comparable houseswithin 5 km.
What's nearby
- South St/Drummond St S (bus) — 433 m away
- Barry James Auto Body Repairs — 79 m away
- Unnamed — 134 m away
- Unnamed — 263 m away
- Unnamed — 327 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 3 bed
Compound growth -1.7% / yr over 4 yrs
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Full Ballarat Central marketThis listing
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Price history
Listing price changes
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