415 Sturt StreetBallarat Central VIC 3350
Property Details for 415 Sturt St, Ballarat Central
Last Listing description (September 2026)
If you are looking for a high-yielding commercial property, 415 Sturt Street represents a blue-chip opportunity on Ballarat's most iconic commercial street.
This beautifully preserved freehold asset delivers an immediate, diversified income stream by combining a flagship ground-floor retail shop with two independent residential apartments above and behind. Sitting on the high-foot-traffic side of the street, it offers investors the ultimate balance of reliable cash flow and long-term capital stability.
Total Portfolio Yield: Returning a robust $79,780 per annum* across three distinct tenancies.
Premium Commercial 1 Title (C1Z): Capitalize on the city's most flexible commercial zoning, allowing seamless future transitions into high-end retail, professional offices, or medical suites (STCA).
Flagship Ground Retail: Features a wide, light-filled storefront window display, character archways and rich polished timber floorboards. It currently operates as a highly successful local boutique.
Two Self-Contained Apartments: Modern, bright and low-maintenance residential spaces. They command consistent premium rental demand due to their central CBD location.
Rear Access Dynamics: Invaluable rear laneway access leading into a private brick courtyard area with secure under-cover vehicle parking.
Freehold assets on the sunny side of Sturt Street-offering immediate multi-stream returns-are fiercely held and rarely come to market.
This is a set-and-forget portfolio addition perfect for savvy private investors or self-managed super funds (SMSFs).
*Approx
Property History for 415 Sturt St, Ballarat Central, VIC 3350
- 10 Mar 2026Listed for Sale $1,225,000 + GST
- 03 Nov 2024Listed for Rent $52,000 / year
- 23 Aug 2022Listed for Rent $400 / year
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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 4,498 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.
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