Developers do we have your attention? Sites of this size are becoming more and more rare in the central locations around Ballarat. This 1617sqm allotment is situated just 2.5KM from the CBD and Bridge Mall shopping precinct. Situated on the land is a large shed that is surprisingly decked out inside as a two bedroom self-contained unit with a certificate of occupancy, with bathroom, kitchen, living area and laundry. There is also a storage area inside the dwelling. With a conservative rental appraisal of approximately $150 per week, this block of land has a potential rental return whilst you go through the planning process to develop the land STCA.
The size of Ballarat East is approximately 6.0 square kilometres. There are 15 parks, covering nearly 21.0% of the total area. The population of Ballarat East in 2016 was 5623 people. By 2021 the population was 5937 showing a population growth of 5.6% in the area during that time. The predominant age group in Ballarat East is 20-29 years. Households in Ballarat East are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat East work in a professional occupation.In 2021, 54.90% of the homes in Ballarat East were owner-occupied compared with 56.70% in 2016.
Ballarat East has 3,730 properties. Over the last 5 years, Houses in Ballarat East have seen a 15.55% increase in median value, while Units have seen a 26.41% increase. As at 31 August 2026:
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