1
Mill
Street
ballarat central
VIC,
3350
$499,000
2
1
1
Land: 160 sqm
Classic Period Charm with Exceptional Potential in Blue-Chip Ballarat Central
Positioned in one of Ballarat's most sought-after inner-city pockets, 1 Mill Street, Ballarat Central presents a rare opportunity to secure a character-filled period home with exciting scope to renovate, restore, and add value in an unbeatable central location.
Showcasing the timeless appeal of Ballarat's historic homes, this charming residence retains the warmth and character that buyers love, while offering a fantastic canvas for those looking to further enhance and modernise. Whether you're a first-home buyer with a vision, a renovator seeking your next project, or an investor looking to capitalise on a premium location, the potential here is undeniable.
The home features two generous bedrooms, a functional bathroom, and comfortable living spaces that provide immediate livability while allowing plenty of opportunity to update and personalise over time. With its classic proportions and enduring appeal, this is a property where thoughtful improvements could truly transform the home while preserving its period charm.
Set on a low-maintenance 160m² (approx.) allotment, the property also benefits from valuable off-street parking via a carport, a highly desirable feature in this tightly held central position.
The location is simply outstanding. Enjoy the convenience of being just moments from Ballarat's vibrant CBD, with popular cafés, restaurants, boutique shopping, supermarkets, public transport, Lake Wendouree, and some of the city's finest heritage streetscapes all within easy reach. Leave the car at home and embrace a walkable lifestyle in one of Ballarat's most desirable residential precincts.
Period homes with renovation potential in Ballarat Central are becoming increasingly difficult to secure. Offering character, location, and the opportunity to create something truly special, this is an exciting chance to invest in a property with both immediate appeal and future upside.
Price Guide: $499,000
Contact us today to arrange your inspection and explore the possibilities at 1 Mill Street, Ballarat Central.
Property Highlights
• Charming period home in a premium Ballarat Central location
• Excellent opportunity to renovate, restore, and add value
• Two spacious bedrooms
• Functional floorplan with immediate livability
• Low-maintenance 160m² (approx.) allotment
• Carport providing off-street parking
• Walking distance to cafés, restaurants, shopping and public transport
• Ideal for first-home buyers, renovators, and investors
• Rare character home with significant future potential
• Blue-chip inner-city location with enduring appeal
Ballarat's Best-Selling Team
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About ballarat central
median House price
660000suburb growth
11.9%median House rent
430suburb rental yield
3.4%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.
