4/509 Drummond Street, Ballarat Central, VIC 3350 | Property Value & History | OnTheHouse
OFF MARKET

4/509 Drummond Street
Ballarat Central VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
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Last updated 17 Aug 2026
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Property Details for 4/509 Drummond St, Ballarat Central

4/509 Drummond St, Ballarat Central is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a floor size of 96m2.

Building Type
House
Floor Size
96m2
Local Government
Ballarat

Last Listing description (July 2018)

There is more than meets the eye with this low maintenance downsizer or investment in the booming Ballarat CBD. The ground floor property has polished timber floors and a large living space with French doors out to a large courtyard with its very own studio or large storage room. The kitchen is spacious with quality appliances and ample bench space and storage. Both of the bedrooms have built in robes while the bathroom is a real feature with claw foot bath and separate shower. Other features include gas heating, single carport, wide grand hallways and a laundry. Currently tenanted for $250 per week to a great tenant. Contact the exclusive listing agent today.

Property History for 4/509 Drummond St, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
  • 24 May 2018
    Listed for Sale $250,000 - $270,000
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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 4,500 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 37 properties listed for sale, and 10 properties listed for rent in Ballarat central on OnTheHouse. According to Cotality's data, 276 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.