Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Black Hill › Peel Street North

309 Peel Street North, Black Hill VIC 3350

House

$499,000

Last sold

14 Aug 2026

3

Bedrooms

1

Bathrooms

2

Car spaces

336 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $499,000 (14 Aug 2026).(Recorded sale)
  • FactLand 336 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Black Hill (last 5 years) with land size: median $896/m² of land (n=83). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

What this lot has actually traded at

Last sold

$499,000

14 Aug 2026 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Black Hill (last 5 years) with land size have a median of $896/m² of land (n=83). Districts calculation from recorded sales — not a valuation.

Black Hill at a glance

2,084

People

$573,250

Median sale

$415/wk

Median rent

3.76%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Black Hill report →

Vs Black Hill

-13.0%

Median sale

Suburb $573,250

+0.56 pp

Gross yield

Suburb 3.76%

Suburb median $573,250 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

202020232026$290k$499k
  • Sold (recorded)
  1. Sold$499,00014 Aug 2026
  2. Listedprice unknowncompleted2 July 2026
  3. Sold$290,0001 June 2020
  4. Listedprice unknowncompleted23 Dec 2019

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?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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

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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Black Hill in one glance

Black Hill at a glance

2,084

People

$573,250

Median sale

$415/wk

Median rent

3.76%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Black Hill report →

Keep researching

  • Why Black Hill? Read the area thesis →
  • What else is on the market in Black Hill →
  • Other records on Peel Street North →

Listing material

Listed by Buxton Ballarat

The Perfect Central City Renovator Close to CBD and Station

Situated within walking distance to Ballarat CBD, railway station, public transport and schools this home is perfectly positioned and offers lots of possibilities – an ideal first home, potential for extension, the professional flip or simply move in and enjoy the convenience of this fantastic locale.

Enter the home from the veranda through the wide hallway with original period features and retaining all the charm of yesteryear with ornate fireplace and polished timber floorboards. Comprising three bedrooms, main with open fire, second bedroom with extensive built-in-robes and additional third bedroom at the rear. Leading down the hallway, you’ll find the kitchen complete with gas cooktop and stove, opposite main bathroom featuring separate vanity, shower, bath and toilet flowing through into lounge / living room opening out onto your own private outdoor entertaining area the ideal space for entertaining with family and friends.

Outside garden complete with rear access for off street parking for two vehicles, direct access to public Black Hill creek reserve and close proximity to Yarrowee River walking / riding track and Eastern oval. The backyard is a blank canvas for the garden enthusiast. Potential for side access via the shared driveway. Previously had a long term Tenant in for $250 a week.

Read the full description

Homes in such original condition in outstanding locations don’t last long, so call now to book your private viewing today.

Listing description written by Peter Burley, Buxton Ballarat — reproduced as published, not verified by Districts.

Also look at

Also for sale in Black Hill

  • 417 Nicholson St, Black Hill VIC 3350

    3-bed house. Asking $540K–$580K.

    For sale
  • 826A Chisholm St, Black Hill VIC 3350

    3-bed house. Asking $719K–$729K.

    For sale
  • 66 Rowe St, Black Hill VIC 3350

    4-bed house. Asking $695K–$745K.

    For sale
  • 11 Esmond St, Black Hill VIC 3350

    6-bed house. Asking $1.08M–$1.15M.

    For sale
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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