702 Norman StreetInvermay Park VIC 3350
Property Details for 702 Norman St, Invermay Park
Last Listing description (May 2021)
Brand new medical centre offered for Sale or Lease - corner landholding in growth corridor within the thriving town of Ballarat. This is a very prominent corner location opposite Northway shopping facilities, Terry White Chemmart Pharmacy, public transport and just moments from the Ballarat CBD, Stockland Shopping Centre, Hailey House Hostel and Stockland Midlands Terrace Retirement Village. Land area 1392m2, building area 370m2 and permit granted for 7 practitioners plus 23 carparks. Potential rental return of $130,000 pa + gst. Inquire today, plans & permits available on request.
Features included within the complex are:
* 7 Medical Suites
* Treatment Rooms
* 23 Car Parks
* Storage areas
* Reception areas
Property History for 702 Norman St, Invermay Park, VIC 3350
- 26 Nov 2019Listed for Sale $900,000-$990,000
- 26 Nov 2019Listed for Rent $300 / year
- 28 Jun 2018Listed for Rent $220 / week
Recent sales nearby
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0About Invermay Park 3350
The size of Invermay Park is approximately 2.5 square kilometres. It has 3 parks covering nearly 25.7% of total area. The population of Invermay Park in 2016 was 1814 people. By 2021 the population was 1692 showing a population decline of 6.7% in the area during that time. The predominant age group in Invermay Park is 60-69 years. Households in Invermay Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Invermay Park work in a professional occupation.In 2021, 87.90% of the homes in Invermay Park were owner-occupied compared with 87.40% in 2016.
Invermay Park has 957 properties. Over the last 5 years, Houses in Invermay Park have seen a 25.11% increase in median value, while Units have seen a 26.92% increase. As at 30 November 2025:
- The median value for Houses in Invermay Park is $733,306 while the median value for Units is $466,996.
- Houses have a median rent of $460 while Units have a median rent of $310.
Suburb Insights for Invermay Park 3350
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