501 South Street, Ballarat Central, VIC 3350 sold on 07 September 2026 | OnTheHouse
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Sold on 07 Sep 2026 for $550,000

501 South Street
Ballarat Central VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 116m2
Land area: 401m2
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Property Details for 501 South St, Ballarat Central

501 South St, Ballarat Central is a 3 bedroom, 1 bathroom House. The property has a land size of 401m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 3 bedroom House sold in Ballarat Central in the last 12 months.

Building Type
House
Floor Size
116m2
Land Size
401m2
Local Government
Ballarat
Lot/Plan
1/TP745636

Last Listing description (September 2026)

Positioned on a generous corner block in the heart of Ballarat Central, 501 South Street presents an exciting opportunity to secure a charming period home with plenty of character and potential.Featuring three bedrooms and one bathroom, the home showcases classic features including a traditional front veranda, decorative lacework, timber weatherboards and an inviting street presence.Set on approximately 401m, the corner allotment provides valuable flexibility and scope for those looking to add their own touch, whether you're a first home buyer, investor or renovator seeking a property with future potential. The home's central location places you within easy reach of Ballarat's CBD, local shops, schools, cafes, public transport and a wide range of amenities, making it an appealing option for those wanting convenience without compromising on character.

Property History for 501 South St, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$550,000
07 Sep 2026
  • 07 Sep 2026
    Listed for Sale $550,000
  • 07 Sep 2026
    Sold for $550,000
  • 01 Mar 2015
    Sold for $245,000
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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 41 properties listed for sale, and 12 properties listed for rent in Ballarat central on OnTheHouse. According to Cotality's data, 272 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.