Sold for $230,000
Soldiers Hill and So Affordable
Let?s consider the options here. Firstly this home is located in one of the oldest suburbs of Ballarat, with a substantial number of beautiful Victorian homes still in tact. The architectural character includes distinctive decorative features, including a cute bullnose veranda with lace work along with important heritage focus over the entire area. Within walking distance to the Ballarat train station along with the many attractions of inner city living, this home is located foremost for busy professionals or retirees once the new owner has updated, tidied and/or improved.
The opportunity to recover this home will certainly guarantee a substantial capital gain, with many Melbourne commuters looking at living with an inner city address for daily commuting coupled with the beauty of living within the country .
Sitting on approx. 309m2 and offering off street parking, this petite property offers two bedrooms, a good size lounge with gas heating, a family bathroom and a ?lean-to? kitchen along with a decorative hall, wall panelling and high ceilings.
The opportunity to fix and flip, or lease out as an investment property (once updated), could be the perfect way to begin your real estate portfolio (see suburb profile) or alternatively this could be the ideal home if just starting out.
Soldiers Hill VIC (3350) Median price $345,000, Annual capital growth 5.43%, Soldiers Hill Unit: Median price $260,000, Annual capital growth 22.45%.
About soldiers hill
median house price520000
median house rent310
suburb rental yield3.1%
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.