Ballarat East at a glance
5,972
People
$570,000
Median sale
$404/wk
Median rent
3.69%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
VIC › Ballarat East › Lovenear Grove
$450,000
Last sold
16 Nov 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
543 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$450,000
16 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Ballarat East (last 5 years) with land size have a median of $869/m² of land (n=79). Districts calculation from recorded sales — not a valuation.
Ballarat East at a glance
5,972
People
$570,000
Median sale
$404/wk
Median rent
3.69%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Vs Ballarat East
-21.1%
Median sale
Suburb $570,000
+0.98 pp
Gross yield
Suburb 3.69%
Suburb median $570,000 from 46 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
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.
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 541 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.
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
No advertised rent is recorded. Suburb median rent $404/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 541 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
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumNo 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
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Ballarat East at a glance
5,972
People
$570,000
Median sale
$404/wk
Median rent
3.69%
Suburb gross yield
Median sale from 46 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton BallaratPresenting this charming brick haven nestled in a serene and highly sought-after neighbourhood. Located just minutes away from local conveniences, this property offers both the tranquillity of suburban living and the convenience of nearby amenities.
As you step inside this lovely single-story home, you'll immediately feel the warmth of its inviting ambiance. The living area is bathed in natural light, creating an inviting space for relaxation or entertaining.
The kitchen and dining area is functional and provides the perfect canvas for you to create your dream culinary space. The kitchen is complete with a gas stove, oven, sink, dishwasher and pantry.
This home boasts three generously sized bedrooms, providing ample space for your family or guests. The single bathroom is conveniently located and is complete with a shower, bath, vanity and toilet. The home is also compete with gas heating and a split system cooling system for all year round comfort.
Stepping outside, you'll discover a spacious outdoor area on the 543m2 block. Perfect for outdoor gatherings, gardening, or entraining family and friends, this backyard provides a blank slate for your landscaping needs.
Additional features include a carport for your vehicle and a secure double lock-up garage for added convenience and storage.
With its ideal location and spacious lot, this property presents an excellent opportunity for those looking to create their dream home in a tranquil yet convenient setting. Don't miss out on making this your own – contact us today to arrange a viewing and explore the possibilities that await you in this Ballarat East gem.
Listing description written by Mark Nunn, Buxton Ballarat — reproduced as published, not verified by Districts.
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