302 Sturt StreetBallarat Central VIC 3350
Property Details for 302 Sturt St, Ballarat Central
Last Listing description (June 2017)
Four long term tenants including Westpac, The Tax Shop, Sheridan Factory Outlet plus first floor residence.
Westpac Limited: 2nd largest ASX listed company with a market cap rate of $99.65B (November 2015).
Sheridan est. 1967 - 374 outlets nationally, Tax Shop est. 1990 - 24 stores nationally.
Prime 1,140 sqm CBD retail corner site, with dual frontage totalling 68 metres plus ROW lane access.
Modern recently upgraded 1,484 sqm building over two levels.
Absolute premier Ballarat CBD location opposite Myer & Town Hall.
Ballarat: Victoria's second largest inland city, trade catchment 100,000+ with forecast population growth of 29% by 2031.
Rent: $375,412 pa (Jan 2016 approx).
Auction 11am AEDT Wednesday 9 December
River Room, Crown Casino, Melbourne.
Property History for 302 Sturt St, Ballarat Central, VIC 3350
- 03 Mar 2021Sold for $6,050,000
- 08 Dec 2015Sold for $5,700,000
- 11 Nov 2015Listed for Sale Not Disclosed
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 4,473 properties. Over the last 5 years, Houses in Ballarat Central have seen a 9.45% increase in median value, while Units have seen a 18.33% increase. As at 30 April 2026:
- The median value for Houses in Ballarat Central is $731,447 while the median value for Units is $504,829.
- Houses have a median rent of $440 while Units have a median rent of $400.
Suburb Insights for Ballarat Central 3350
Market Insights
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