502 Macarthur Street, Soldiers Hill, VIC 3350 sold on 06 March 2026 | OnTheHouse
SOLD
Sold on 06 Mar 2026 for $503,000

502 Macarthur Street
Soldiers Hill VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 194m2
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Property Details for 502 Macarthur St, Soldiers Hill

Building Type
Commercial
Year Built
1890
Land Size
194m2
Local Government
Ballarat
Lot/Plan
1/SP31276

Last Listing description (November 2025)

Currently leased at $30,000pa + Outgoings

Please seek council advice on residential zoning used as commercial.

Step into a prime retail opportunity in the heart of Soldiers Hill's vibrant commercial precinct on Macarthur Street. This well-positioned space offers endless possibilities for savvy business owners looking to establish themselves in one of Ballarat's most characterful and historically significant suburbs with not only the best shop front for advertising or convert back to the two generous bedrooms and live on the corner.

Perfectly positioned on Macarthur Street, you'll find yourself at the centre of Soldiers Hill's main commercial hub, surrounded by a thriving community of small businesses, boutique stores, and specialty cafes. The location provides excellent street frontage and visibility, ensuring your business will benefit from the steady flow of foot traffic that frequents this bustling retail strip.

Soldiers Hill offers a unique blend of heritage charm and modern convenience that's hard to find elsewhere in Ballarat. This historic suburb, established in 1859, boasts:

Substantially intact Victorian era architecture with distinctive decorative features
Strong sense of community with a population of 2,813 residents
Excellent transport links with proximity to Ballarat railway station
Easy access to the Ballarat CBD directly to the south

The suburb's rich heritage as Ballarat's earliest planned residential area creates an atmosphere that attracts both locals and visitors. The entire area is protected by heritage overlays, ensuring the distinctive character and architectural integrity that makes this location so special will be preserved for generations to come.

Your business will benefit from the suburb's excellent connectivity and accessibility. Located just minutes from Ballarat's Central Business District, customers can easily reach you by car, with traffic dispersed efficiently through the well-planned grid street system. Public transport options are abundant, with three bus routes servicing the area and the main Ballarat railway station at the suburb's southern boundary - making it incredibly convenient for customers travelling from Melbourne and regional areas.

The local community is well-educated and established, with quality schools including Macarthur Street Primary School and St Columba's Catholic Primary School nearby. This family-friendly demographic creates a stable customer base for retail businesses, while the suburb's proximity to transport hubs ensures a steady stream of commuters and visitors.

Walking and cycling are popular in the area, with over 7% of residents walking to work
Strong local economy supported by railway workshops and heritage tourism
Historic churches and community facilities create regular foot traffic
Established commercial precinct with complementary businesses nearby

The area's commercial heritage runs deep, with traditional corner stores and businesses having served the community for over a century. While modern shopping centres have changed retail patterns, Soldiers Hill has successfully adapted, with many historic shopfronts now housing boutique service businesses, specialty stores, and food establishments that cater to both locals and the growing number of heritage tourists visiting Ballarat.

This is your opportunity to become part of a thriving community in one of Ballarat's most desirable and historically significant locations. Whether you're planning a retail store, professional services, or hospitality venture, this Macarthur Street address provides the perfect foundation for business or residential pleasure success in a suburb where heritage meets opportunity.

Don't miss this chance to secure your place in Soldiers Hill's continuing story - a location where history, community, and business prosperity come together in perfect harmony.

Property History for 502 Macarthur St, Soldiers Hill, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$503,000
06 Mar 2026
  • 06 Mar 2026
    Sold for $503,000
  • 14 Oct 2025
    Listed for Sale Contact Agent
  • 10 Aug 2011
    Sold for $300,000
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About Soldiers Hill 3350

The size of Soldiers Hill is approximately 1.5 square kilometres. There are 3 parks, covering nearly 0.8% of the total area. The population of Soldiers Hill in 2016 was 2803 people. By 2021 the population was 2813 showing a population growth of 0.4% in the area during that time. The predominant age group in Soldiers Hill is 30-39 years. Households in Soldiers Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Soldiers Hill work in a professional occupation.In 2021, 58.90% of the homes in Soldiers Hill were owner-occupied compared with 62.00% in 2016.

Soldiers Hill has 1,691 properties. Over the last 5 years, Houses in Soldiers Hill have seen a 13.10% increase in median value, while Units have seen a 27.97% increase. As at 31 July 2026:

  • The median value for Houses in Soldiers Hill is $638,954 while the median value for Units is $518,463.
  • Houses have a median rent of $440 while Units have a median rent of $395.
There are currently 23 properties listed for sale, and 5 properties listed for rent in Soldiers hill on OnTheHouse. According to Cotality's data, 103 properties were sold in the past 12 months in Soldiers hill.

Suburb Insights for Soldiers Hill 3350

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Cotality Copyright and Legal Disclaimers about Property Data
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.