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VIC › Ballarat Central › Anderson Street West

18 Anderson Street West, Ballarat Central VIC 3350

For saleHouse

$660,000–$690,000

For sale

Asking range

$695,000

Last sold

16 Oct 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

744 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $660,000–$690,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $660,000–$690,000(Listing record · 24 Dec 2025)
  • FactLand 744 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ballarat Central (last 5 years) with land size: median $1,442/m² of land (n=79). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 7% above the Ballarat Central median recorded sale ($615,000, n=35, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ballarat Central's advertised median rent ($415/wk), implied gross yield would be 3.27% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • FactZoned COMMERCIAL 1 ZONE (C1Z) under the ZN.(Vicmap Planning · 2 Sept 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$660,000–$690,000

Asking range · $887/m² of land

Last recorded sale $695,000 (16 Oct 2023).

Local land rate: recorded House sales in Ballarat Central (last 5 years) with land size have a median of $1,442/m² of land (n=79). Districts calculation from recorded sales — not a valuation.

Ballarat Central at a glance

5,311

People

$615,000

Median sale

$415/wk

Median rent

3.51%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Ballarat Central report →

Vs Ballarat Central

+7.3%

Median sale

Suburb $615,000

-0.24 pp

Gross yield

Suburb 3.51%

Suburb median $615,000 from 35 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$660,000
Stamp Duty (Victoria)
$34,670
Transfer/Registration Fee
$1,649
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$700,019

$40,019 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Ballarat Central's advertised median rent — not a rent for this listing.

Net yield
1.77%
Annual cashflow (pre-tax)
$-22,640
Interest cover (DSCR)
0.34
Annual rent
$21,580
Operating expenses
$9,900
Loan amount
$528,000
Annual interest
$34,320
Gross yield
3.27%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning scheme

ZN

Zone

COMMERCIAL 1 ZONE

C1Z

Jurisdiction

Ballarat

Ballarat, VIC

Official property report

The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 2 Sept 2026
  • Version: 1
  • Parcel: 50009877

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

202320242025$695k$660k
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$660,000–$690,000available24 Dec 2025
  2. Sold$695,00016 Oct 2023
  3. Listedprice unknowncompleted31 Aug 2023
  4. Listedprice unknowncompleted31 Aug 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned COMMERCIAL 1 ZONE · C1Z (ZN). Official parcel area about 113 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $415/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned COMMERCIAL 1 ZONE · C1Z (ZN). Official parcel area about 113 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ballarat Central in one glance

Ballarat Central at a glance

5,311

People

$615,000

Median sale

$415/wk

Median rent

3.51%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Ballarat Central report →

Keep researching

  • Why Ballarat Central? Read the area thesis →
  • What else is on the market in Ballarat Central →
  • Other records on Anderson Street West →

Listing material

Listed by Buxton Ballarat

Inner-City Opportunity with Space and Flexibility

Positioned in a highly convenient Ballarat Central location, this spacious residence offers flexibility, multiple living zones and a versatile floorplan suited to a range of buyers.

The home comprises four bedrooms in total, with a separate, self-contained studio currently utilised as the fourth bedroom. Complete with its own bathroom and toilet, the studio provides excellent flexibility for extended family, guests, independent living or work-from-home use.

The main residence features an open plan kitchen, meals and living area, enhanced by high ceilings that add to the sense of space. The kitchen offers ample bench and storage space and connects seamlessly with the main living zones.

Read the full description

Comfort is provided year-round with split system heating and cooling, while a combustion fireplace adds warmth and character to the main living area. A central bathroom services the main home, and additional living areas allow flexibility for families or shared accommodation.

A covered outdoor area offers a practical space for entertaining or everyday use.

The property is currently tenanted, making it an appealing option for investors seeking an established tenancy in a tightly held location.

Ideally located within close proximity to Ballarat CBD, hospitals, schools, public transport, shops and cafés, this address delivers exceptional convenience and long-term appeal.

A flexible inner-city home offering space, comfort and versatility in a prime central position.

Listing description written by Jesse Manton, Buxton Ballarat — reproduced as published, not verified by Districts.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.