704 Macarthur St, Ballarat Central is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1885. The property has a land size of 885m2 and floor size of 187m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
This grand home and self-contained cottage sit on around 885m2 (approx.) in a prized part of Ballarat Central ideally located between Lake Wendouree and Soldiers Hill. The position is undoubtedly one of Ballarat's best as you are within walking distance to the big three Ballarat Train Station, CBD and Lake Wendouree's famous walking and running track. The home dates back to the 1880's and still enjoys heritage features throughout such as high ceilings, ornate cornices, ceiling roses and large windows that bath the home in natural light. The home has enjoyed an extension to the rear which houses a modern kitchen, two living zones and a dining space that enjoy a northern orientation. There is also a separate third living space which is very spacious with open fire and extensive quality joinery for books. The home is well laid out with a central entrance hall leading to three bedrooms all with built in storage while the master has an ensuite. The main family bathroom enjoys separate shower, bath and underfloor heating. Both bathrooms have been renovated with updates including heated floors and towel rails. The home is serviced by zoned gas central heating and three split systems for further heating and cooling. The second dwelling is a cottage that is also full of character. There is one bedroom, a bathroom, living space and a kitchen. The cottage could be a great income stream or simply a space for parents, kids or guests to reside. The external grounds surrounding both properties were recently landscape designed with a new outdoor entertaining area included. There is a lock up garage and further undercover parking from the front of the property as well as rear access for more vehicle access. This is a rare offering in a prized location that will not last long. The exclusive listing agent Dominic Morrison looks forward to meeting you at another busy Ballarat Real Estate open home.
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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 4,490 properties. Over the last 5 years, Houses in Ballarat Central have seen a 17.52% increase in median value, while Units have seen a 14.64% increase. As at 31 January 2026:
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