306 Drummond Street N, Ballarat Central, VIC 3350 | Property Value & History | OnTheHouse
OFF MARKET

306 Drummond Street N
Ballarat Central VIC 3350

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 145m2
Land area: 808m2
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Property Details for 306 Drummond St N, Ballarat Central

306 Drummond St N, Ballarat Central is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 808m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1930
Floor Size
145m2
Land Size
808m2
Local Government
Ballarat
Lot/Plan
2/PS513276

Last Listing description (June 2017)

Located in one of Ballarat's most coveted addresses, this stunning 3 bedroom Californian Bungalow is a family home that exudes heritage charm and is situated on a substantial allotment within the prestigious Lake Wendouree precinct.
With timbered central hallway, polished floor boards, 3 large bedrooms including main with ensuite, light-filled spacious formal dining, large spacious kitchen with plenty of cupboard space, central bathroom, 2 toilets & 3rd living at the rear of the home, the home is endowed with charm and character.
Currently tenanted until the end of the year to some wonderful tenants from the medical fraternity, you ll find that the home is very habitable just as is; however, imagine if you used this rental period to do some forward planning by casting a little bit of vision towards the next chapter in the life of this wonderful home and then invested some money into outworking this plan either when you move in or just before hand!

Situated on a substantial block in such a tightly held location means it is ripe for multi unit development or to service medical professionals while reaping excellent capital growth prospects.
This property won't last so book in an inspection today!

Property History for 306 Drummond St N, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$450,000
27 Jul 2022
Listed for Rent
$350/w
08 Sep 2015
  • 27 Jul 2022
    Sold for $450,000
  • 11 Aug 2015
    Listed for Rent - Price not available
  • 12 May 2015
    Sold for $550,000
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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 4,495 properties. Over the last 5 years, Houses in Ballarat Central have seen a 3.15% increase in median value, while Units have seen a 17.00% increase. As at 31 August 2026:

  • The median value for Houses in Ballarat Central is $739,815 while the median value for Units is $510,645.
  • Houses have a median rent of $450 while Units have a median rent of $400.
There are currently 38 properties listed for sale, and 12 properties listed for rent in Ballarat central on OnTheHouse. According to Cotality's data, 273 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.