
1124
Lydiard Street
North
ballarat north
VIC,
3350
$650,000 - $680,000
Updated Family Home with Dual Occupancy and Income Potential
Perfectly positioned in a highly desirable northern pocket, this impressively updated family home delivers outstanding flexibility for a wide range of buyers. With two fully equipped dwellings on the one title, the layout is perfectly suited to large or multi-generational families, owner-occupiers needing separate accommodation, or investors seeking a high-yield return through long-term rental or lucrative short-stay accommodation.
The main residence showcases a stunning designer kitchen, recently upgraded with a generous walk-in pantry, dual ovens, dishwasher, stylish stone benchtops and extensive bench and cupboard space, making meal preparation and entertaining effortless. The freshly repainted master bedroom includes built-in robes and a private ensuite, while two additional well-proportioned bedrooms, also with built-in robes, provide ample storage. A light-filled open plan living and dining area creates an inviting space for family and friends, complemented by a modern family bathroom with bath and separate toilet. Throughout the home, beautiful Tasmanian oak polished timber floorboards add warmth and character, while gas central heating and reverse cycle cooling ensure year-round comfort.
Stepping outside, an elevated back deck offers the perfect setting for outdoor dining and entertaining, overlooking a secure, low-maintenance courtyard surrounded by landscaped gardens and featuring a built-in pizza oven. A double lock-up garage with remote access and a garden shed or workshop provide excellent storage solutions. Adding further appeal, a fully self-contained one-bedroom bungalow sits separately to the main home, ideal as a teenager's retreat, accommodation for an older relative, or a ready-made income stream through Airbnb or short-stay rental.
Situated just five minutes from the Ballarat CBD and train station, with restaurants, cafes, shopping, schools and all amenities within easy reach, this remarkable property offers lifestyle flexibility, immediate comfort and long-term potential in one of Ballarat's most sought-after areas. Contact us today for further information or to arrange your private inspection.
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median house price
525000median house rent
420suburb rental yield
4.2%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.