2/406 Drummond Street S, Ballarat Central, VIC 3350 | Property Value & History | OnTheHouse
OFF MARKET

2/406 Drummond Street S
Ballarat Central VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 164m2
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Last updated 17 Aug 2026
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Property Details for 2/406 Drummond St S, Ballarat Central

2/406 Drummond St S, Ballarat Central is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 164m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
1985
Floor Size
92m2
Land Size
164m2
Local Government
Ballarat
Lot/Plan
2/SP26379

Last Listing description (August 2026)

Positioned in one of Ballarat Central's most convenient locations, this well-kept two-bedroom unit is the sort of property that appeals to both owner occupiers and investors alike. With the hospital precinct, Sturt Street cafs, local shops and public transport all within easy reach, you'll spend less time in the car and more time enjoying everything central living has to offer. The home itself offers spacious interiors, low-maintenance surrounds and a practical floorplan that's easy to live in or lease out.

Leave the car at home and enjoy easy access to Ballarat's CBD, cafs and everyday amenities.
Bus services right out the front make commuting simple for both owners and renters.

A spacious living area filled with natural light creates a welcoming place to relax.
The practical layout offers comfortable living without the maintenance of a larger home.
Two generous bedrooms provide plenty of space for couples, downsizers or sharers.
A secure rear yard gives you somewhere to enjoy the outdoors without spending weekends on upkeep.
Gas heating and split system cooling help keep the home comfortable year-round.
An ideal lock-and-leave property for busy professionals or retirees.
Investors will appreciate the strong rental appeal of such a central location.
Only moments from the hospital precinct, making it an attractive option for healthcare workers and tenants alike.

Property History for 2/406 Drummond St S, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$250,000
17 Nov 2019
Listed for Rent
$295/w
17 Jan 2023
  • 12 Aug 2026
    Listed for Sale $430,000 - $460,000
  • 22 Nov 2024
    Listed for Rent $340 / week
  • 17 Jan 2023
    Listed for Rent $295 / week
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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 4,496 properties. Over the last 5 years, Houses in Ballarat Central have seen a 1.84% increase in median value, while Units have seen a 19.50% increase. As at 31 July 2026:

  • The median value for Houses in Ballarat Central is $730,935 while the median value for Units is $506,508.
  • Houses have a median rent of $450 while Units have a median rent of $405.
There are currently 35 properties listed for sale, and 8 properties listed for rent in Ballarat central on OnTheHouse. According to Cotality's data, 283 properties were sold in the past 12 months in Ballarat central.

Suburb Insights for Ballarat Central 3350

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.