5/222 Drummond St S, Ballarat Central is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 702m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Perfectly positioned in the heart of Ballarat Central, this stylishly renovated ground floor apartment offers unbeatable convenience and low-maintenance living. Currently tenanted and returning $300 per week, it presents an excellent opportunity for investors seeking an immediate rental return. Enjoy being just moments from the CBD, hospitals, Lake Wendouree, cafes, and public transport, making it ideal for those seeking a vibrant city lifestyle.
Step inside to discover a light-filled open plan lounge and kitchen area, complete with brand new cupboards, benchtops, and an electric oven. Fresh paint, new carpet, and a new split system ensure modern comfort and a move-in-ready appeal.
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:
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