506 Dana StreetBallarat Central VIC 3350
Property Details for 506 Dana St, Ballarat Central
506 Dana St, Ballarat Central is a 11 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 1891m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (March 2026)
Superbly located within two blocks Central Square Shopping Centre, Myer, Target, Town Hall and the renowned restaurants and eateries that Ballarat has to offer.
Historic building comprising 6 apartments, each in excellent condition with carports in this secure complex.
All securely leased to highly recommended tenants offering an immediate income with return in excess $94,000 per annum.
A fantastic and rare opportunity to purchase this period property with great potential for both rental and capital growth.
Enquire today to book your private inspection through Sole Selling Agents.
Property History for 506 Dana St, Ballarat Central, VIC 3350
- 19 Feb 2026Listed for Sale Expressions of Interest
- 09 Dec 2021Sold for $1,960,000
- 16 Sep 2021Listed for Sale For Sale
Recent sales nearby
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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 4,490 properties. Over the last 5 years, Houses in Ballarat Central have seen a 4.68% increase in median value, while Units have seen a 18.62% increase. As at 30 June 2026:
- The median value for Houses in Ballarat Central is $742,593 while the median value for Units is $504,664.
- Houses have a median rent of $450 while Units have a median rent of $400.
Suburb Insights for Ballarat Central 3350
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