314 Ripon Street SBallarat Central VIC 3350
Property Details for 314 Ripon St S, Ballarat Central
314 Ripon St S, Ballarat Central is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 578m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Ballarat Central in the last 12 months.
Last Listing description (November 2025)
**Inspections by private appointment only
This unique property offers two secure income streams with strong returns.
Weatherboard Home: 2-storey residence with timber floors, formal lounge with gas-log fire, dining, timber kitchen, large family room, alfresco area, 3 bedrooms (main with ensuite & balcony), study nook, clawfoot bathroom, and off-street parking. Currently leased at $385/week to excellent tenants.
Retail Shop: Period shopfront with storeroom plus rear storage/workshop shed. Long-term tenant trading as Ballarat Home Brew Centre for over 30 years. New 3-year lease to 16/06/2028 at $15,500/annum (excl. GST) with 2 further 3-year options.
The Numbers: Combined rental income of $35,520 p.a. delivering a solid return.
A rare chance to secure a dual-tenancy property with excellent returns, established tenants, and future growth potential.
Ballarat's Best-Selling Team
Property History for 314 Ripon St S, Ballarat Central, VIC 3350
- 23 Oct 2025Sold
- 01 Sep 2025Listed for Sale $675,000
- 08 Aug 2023Listed for Rent $385 / week
Recent sales nearby
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About Ballarat Central 3350
The size of Ballarat Central is approximately 3.8 square kilometres. It has 5 parks covering nearly 3.7% of 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 4,494 properties. Over the last 5 years, Houses in Ballarat Central have seen a 14.90% increase in median value, while Units have seen a 17.05% increase. As at 30 November 2025:
- The median value for Houses in Ballarat Central is $700,821 while the median value for Units is $446,282.
- Houses have a median rent of $430 while Units have a median rent of $380.
Suburb Insights for Ballarat Central 3350
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