1 Drummond Street SBallarat Central VIC 3350
Property Details for 1 Drummond St S, Ballarat Central
1 Drummond St S, Ballarat Central is a 6 bedroom, 5 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 280m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Last Listing description (May 2026)
An outstanding opportunity to secure an entire unit complex in one of Ballarat's most tightly held locations, 406 Drummond Street North offers five units on approximately 977m of prime central land with both front and rear access. The complex comprises of one two-bedroom unit and four one-bedroom units, all well-maintained and positioned in a quiet setting just moments from the hospital precinct, Lake Wendouree, public transport, and all the Ballarat CBD has to offer. Each unit features open plan living and dining, serviced by split system and gas heating, functional kitchens with electric cooking, combined bathroom and laundry, built-in robes, and off-street parking via single carports. The grounds are neatly presented, and the layout allows for strong rental appeal or potential future development (STCA). A rare chance to secure a blue-chip investment with multiple income streams in a location that continues to experience strong demand. Contact the exclusive listing agent Dominic Morrison on 0409 557 461 to enquire today!
TH1809
Property History for 1 Drummond St S, Ballarat Central, VIC 3350
- 08 Aug 2025Listed for Sale $1,585,000 - $1,685,000
- 25 Jan 2022Listed for Rent $450 / week
- 11 Mar 2015Sold for $465,000
Recent sales nearby
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About Ballarat Central 3350
The size of Ballarat Central is approximately 3.8 square kilometres. There are 5 parks, covering nearly 3.7% of the total area. The population of Ballarat Central in 2016 was 5328 people. By 2021 the population was 5378 showing a population growth of 0.9% in the area during that time. The predominant age group in Ballarat Central is 20-29 years. Households in Ballarat Central are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ballarat Central work in a professional occupation.In 2021, 57.60% of the homes in Ballarat Central were owner-occupied compared with 56.90% in 2016.
Ballarat Central has 4,490 properties. Over the last 5 years, Houses in Ballarat Central have seen a 4.68% increase in median value, while Units have seen a 18.62% increase. As at 30 June 2026:
- The median value for Houses in Ballarat Central is $742,593 while the median value for Units is $504,664.
- Houses have a median rent of $450 while Units have a median rent of $400.
Suburb Insights for Ballarat Central 3350
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