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.
VIC › Ballarat Central › Talbot St
$500,000
Last sold
27 Oct 2025
2
Bedrooms
2
Bathrooms
1
Car spaces
174 m²
Land
Districts View
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
$500,000
27 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Ballarat Central (last 5 years) with land size have a median of $1,437/m² of land (n=80). 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.
Vs Ballarat Central
-18.7%
Median sale
Suburb $615,000
+0.81 pp
Gross yield
Suburb 3.51%
Suburb median $615,000 from 35 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
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.
The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 30 Aug 2026). Verify the extent against the title before relying on unaffected land.
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 170 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO168); DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 20; VEGETATION PROTECTION OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
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. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
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
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
The listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO168); DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 20; VEGETATION PROTECTION OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
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 170 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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?
KnownmediumThe listing may look cheap relative to land or the street. What reduces it: HERITAGE OVERLAY (HO168); DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 20; VEGETATION PROTECTION OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
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 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.
Listing material
Listed by Buxton BallaratWelcome to 204 Talbot Street South, a superbly located, low-maintenance residence in the heart of Ballarat Central. This unique Cape Cod home features two bedrooms, two bathrooms, and two toilets, offering the perfect blend of modern convenience and central city living.
Upstairs, the master bedroom includes a built-in robe, ensuite, and a split system for heating and cooling, while the second bedroom also features a built-in robe and ceiling fans in both rooms. The bathrooms are well-appointed, with the ensuite offering a shower and vanity, and the family bathroom featuring a shower/bath, vanity, and a separate toilet.
Downstairs, the open-plan kitchen, living, and dining area promotes a seamless flow throughout the home, with a split system for heating and cooling ensuring year-round comfort. The modern kitchen, equipped with a gas cooktop, electric oven, Miele dishwasher, and ample storage, is perfect for everyday cooking and casual dining. A separate downstairs toilet is located next to the laundry.
The rear alfresco area provides an ideal space for entertaining within enclosed, low-maintenance gardens. The property also includes a single automatic lock-up garage with internal and rear access. The front door and garage entrance to the kitchen/dining areas have keypad access for added security and convenience. Situated just a stone's throw from Sturt Street, this property places you in the heart of Ballarat's vibrant CBD, with easy access to an array of local amenities including cafes, restaurants, and shops.
The property is a one-minute walk from the Grampians Health Queen Elizabeth Centre and a ten-minute walk from their acute base hospital facility, making this the perfect location and home for health professionals. The property is also conveniently close to several esteemed educational institutions such as Ballarat Clarendon College, St Patrick's College, and Loreto College, making it an excellent choice for educational professionals and students. This central location ensures excellent public transport connectivity, simplifying your daily commute and travel.
This distinctive home is perfect for those seeking a comfortable, low-maintenance lifestyle with all the conveniences of central city living. Don't miss the opportunity to call this charming property your new home.
For further information or to arrange a private inspection, please contact the agent.
Key Features:
• Two spacious bedrooms with built-in robes
• On its own title
• Two well-appointed bathrooms
• Open-plan kitchen, living, and dining area
• Modern kitchen with quality appliances
• Two toilets
• Keypad access on front and internal garage/kitchen & dining doors
• Rear alfresco area and established enclosed gardens
• Single automatic lock-up garage
• Central location in beautiful tree-lined street
• Close to schools, shops, hospitals, and medical facilities
Listing description written by Joel Williamson, Buxton Ballarat — reproduced as published, not verified by Districts.