7/2 Albert Street, Ballarat Central, VIC 3350 | Property Value & History | OnTheHouse
FOR SALE

7/2 Albert Street
Ballarat Central VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 82m2
Land area: 416m2
This property is currently on the market
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Property Details for 7/2 Albert St, Ballarat Central

7/2 Albert St, Ballarat Central is a 2 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 416m2 and floor size of 82m2.This Property is currently listed for sale with Real Estate Group

Building Type
Unit
Year Built
1930
Floor Size
82m2
Land Size
416m2
Local Government
Ballarat
Lot/Plan
8/PS329907

Last Listing description (June 2026)

Perfectly positioned in the vibrant heart of Ballarat Central, this spacious two-bedroom unit offers an unbeatable low-maintenance lifestyle just moments from the CBD's best cafes, restaurants, shopping, and entertainment. Perfect for first-home buyers or savvy investors, the home features a light-filled living room that flows seamlessly into an open dining area and a well-equipped kitchen. The central bathroom is designed for relaxation, complete with a separate shower, a separate toilet, and a private spa bath. Combining ultimate convenience with peace of mind, the property boasts a brand-new hot water system, eligibility for a residential council parking permit, and a walk-everywhere location just a short stroll from Ballarat Train Station. This is a superb opportunity to secure a prime piece of real estate in one of the city's most sought-after pockets.

Property History for 7/2 Albert St, Ballarat Central, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$380,000
20 Apr 2023
Listed for Rent
$350/w
03 Feb 2024
  • 14 Jan 2026
    Listed for Sale $399,000 - $420,000
  • 22 Dec 2023
    Listed for Rent $350 / week
  • 20 Apr 2023
    Sold for $380,000
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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 4,478 properties. Over the last 5 years, Houses in Ballarat Central have seen a 7.83% increase in median value, while Units have seen a 22.23% increase. As at 31 May 2026:

  • The median value for Houses in Ballarat Central is $749,292 while the median value for Units is $511,444.
  • Houses have a median rent of $440 while Units have a median rent of $400.
There are currently 31 properties listed for sale, and 10 properties listed for rent in Ballarat central on OnTheHouse. According to Cotality's data, 271 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.