16 Victoria Street, Bakery Hill, VIC 3350 | Property Value & History | OnTheHouse
 
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16 Victoria Street
Bakery Hill VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1032m2
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Property Details for 16 Victoria St, Bakery Hill

Building Type
Commercial
Land Size
1032m2
Local Government
Ballarat
Lot/Plan
PC354333

Last Listing description (October 2018)

Ballarat Central City Motor Inn is situated right on the fringe of the city centre in historic Bakery Hill and only 1.8 km's from the internationally acclaimed tourist attraction, Sovereign Hill.
This freehold motel for sale as an investment, is strongly tenanted and boasts strong occupancy rate.
- Renewed 5 year lease to 2019 plus options to 2049

- Guaranteed rental growth - Fixed CPI annual increases
- Tenant pays 100% of all usual outgoings
- Major 1035m2* Commercial 1 zoned site with high level of exposure on the main arterial to the city from Melbourne
- Well presented building in excellent condition with all rooms, kitchenettes and bathrooms fully refurbished
- 15 accommodation rooms including
?1 fully ?self contained ?2 bedroom ?unit, ?2 family units,? 2 ?studio rooms & 1?0 standard ?/ twin ?rooms?
- 2 storey, 4 bedroom managers residence
- In ground pool, barbecue facilities, off street parking as well as 1 guest park per unit
- Ballarat is one of Australia's fastest growing regional centres with an expected population growth of 19% reaching 128,000 by 2026
- Rent: $1?26,470pa + GST
- * = approximately

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Property History for 16 Victoria St, Bakery Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$1,900,000
09 Oct 2018
  • 09 Oct 2018
    Sold for $1,900,000
  • 06 Jul 2018
    Listed for Sale $1,900,000 - $2,100,000
  • 12 May 1998
    Sold for $345,000
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About Bakery Hill 3350

The size of Bakery Hill is approximately 0.2 square kilometres. It has 2 parks. The population of Bakery Hill in 2016 was 164 people. By 2021 the population was 180 showing a population growth of 9.8% in the area during that time. The predominant age group in Bakery Hill is 20-29 years. Households in Bakery Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bakery Hill work in a professional occupation.In 2021, 43.60% of the homes in Bakery Hill were owner-occupied compared with 46.70% in 2016.

Bakery Hill has 328 properties. Over the last 5 years, Houses in Bakery Hill have seen a 16.59% increase in median value, while Units have seen a 33.43% increase. As at 31 January 2026:

  • The median value for Houses in Bakery Hill is $721,463 while the median value for Units is $570,292.
  • Houses have a median rent of $455.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Bakery hill on OnTheHouse. According to Cotality's data, 9 properties were sold in the past 12 months in Bakery hill.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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