261 Joseph Street, Canadian, VIC 3350 sold on 17 June 2026 | OnTheHouse
SOLD
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Sold on 17 Jun 2026 for $450,000

261 Joseph Street
Canadian VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 261 Joseph St, Canadian

261 Joseph St, Canadian is a 2 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 2 bedroom House sold in Canadian in the last 12 months.

Building Type
House

Last Listing description (June 2026)

Milk bar Business + 2-Bedroom Residence on Huge Corner Block.

Unlock the potential of this exceptional corner property featuring an established milk bar business and comfortable 2-bedroom residence. Perfect for investors, developers, or owner-occupiers looking for a unique opportunity in Ballarat East.

What's Included:

- Operating milk bar business - established customer base and income potential
- 2-bedroom residence - comfortable living quarters or rental opportunity
- Huge corner block - maximizing development potential and street frontage
- Prime corner position - excellent exposure and accessibility
- Multiple income streams - business + residential rental potential

Development Potential:
- Renovate existing structures to maximize returns
- Remove and develop - explore subdivision or multi-unit development options
- Subject to council approval - endless possibilities for the savvy investor

This rare offering presents multiple opportunities in one package - continue the successful business, live on-site, or explore exciting development options on this substantial corner allotment.

Don't miss this unique investment opportunity in growing Ballarat East!

Contact Michael Edgar on 0407 332 040 or Penny Shields on 0418 545 794 for more information and to arrange an inspection.

Ballarat's Best-Selling Team

Property History for 261 Joseph St, Canadian, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$450,000
17 Jun 2026
  • 17 Jun 2026
    Sold for $450,000
  • 30 Apr 2026
    Listed for Sale $475,000 - $500,000
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About Canadian 3350

The size of Canadian is approximately 7.8 square kilometres. There are 13 parks, covering nearly 7.8% of the total area. The population of Canadian in 2016 was 3609 people. By 2021 the population was 4098 showing a population growth of 13.6% in the area during that time. The predominant age group in Canadian is 20-29 years. Households in Canadian are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Canadian work in a professional occupation.In 2021, 63.50% of the homes in Canadian were owner-occupied compared with 65.40% in 2016.

Canadian has 2,375 properties. Over the last 5 years, Houses in Canadian have seen a 20.58% increase in median value, while Units have seen a 34.42% increase. As at 31 May 2026:

  • The median value for Houses in Canadian is $633,861 while the median value for Units is $461,135.
  • Houses have a median rent of $440 while Units have a median rent of $395.
There are currently 19 properties listed for sale, and 3 properties listed for rent in Canadian on OnTheHouse. According to Cotality's data, 151 properties were sold in the past 12 months in Canadian.

Suburb Insights for Canadian 3350

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Contact agent
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Michael Edgar
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Penny Shields
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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.