501 Nicholson Street, Black Hill, VIC 3350 sold on 17 July 2025 | OnTheHouse
SOLD
Sold on 17 Jul 2025 for $215,000

501 Nicholson Street
Black Hill VIC 3350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 393m2
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Property Details for 501 Nicholson St, Black Hill

Building Type
Land
Land Size
393m2
Local Government
Ballarat
Lot/Plan
CP162691

Last Listing description (November 2025)

Located in the highly desirable Black Hill neighborhood, this 393m2 (approx) titled block offers a rare opportunity to build your dream home or investment (STCA). Just minutes from the vibrant Ballarat CBD, you'll enjoy easy access to supermarkets, cafes, retail shops, essential services, the Ballarat Train Station, Lake Wendouree, and excellent schools-making this a prime location for your new residence. The proposed development includes two spacious townhouses with two-bedroom layouts, designed for modern open-plan living. Each property features a lock-up garage for added convenience and security. These homes are ideal for first-time buyers, downsizers, or investors looking for quality rental income. Don't miss this exceptional investment opportunity! For more details, contact Lachlan Sylvia today!

TH1604

Property History for 501 Nicholson St, Black Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$215,000
17 Jul 2025
  • 18 Jul 2025
    Listed for Sale $220,000 - $240,000
  • 17 Jul 2025
    Sold for $215,000
  • 23 Oct 2024
    Listed for Sale $220,000 - $240,000
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About Black Hill 3350

The size of Black Hill is approximately 1.8 square kilometres. It has 7 parks covering nearly 32.3% of total area. The population of Black Hill in 2016 was 2126 people. By 2021 the population was 2124 showing a population decline of 0.1% in the area during that time. The predominant age group in Black Hill is 30-39 years. Households in Black Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Black Hill work in a professional occupation.In 2021, 62.90% of the homes in Black Hill were owner-occupied compared with 61.20% in 2016.

Black Hill has 1,155 properties. Over the last 5 years, Houses in Black Hill have seen a 17.07% increase in median value, while Units have seen a 37.92% increase. As at 30 November 2025:

  • The median value for Houses in Black Hill is $639,543 while the median value for Units is $440,310.
  • Houses have a median rent of $420 while Units have a median rent of $365.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Black hill on OnTheHouse. According to Cotality's data, 65 properties were sold in the past 12 months in Black hill.

Suburb Insights for Black Hill 3350

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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.