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VIC › Ballarat Central › Creswick Rd

316 Creswick Rd, Ballarat Central VIC 3350

House

$595,000

Last sold

20 July 2020

4

Bedrooms

2

Bathrooms

2

Car spaces

535 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 $595,000 (20 July 2020).(Recorded sale)
  • FactLand 535 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ballarat Central (last 5 years) with land size: median $1,437/m² of land (n=80). 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

$595,000

20 July 2020 · 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.

See the full Ballarat Central report →

Vs Ballarat Central

-3.3%

Median sale

Suburb $615,000

+0.12 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 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

  1. Sold$595,00020 July 2020
  2. Listedprice unknowncompleted26 Mar 2020

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

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 Creswick Rd →

Listing material

Listed by Buxton Ballarat

Stunning Family Home in the Perfect Location!

A gorgeous Victorian-style modern residence, perfectly positioned and offering a lifestyle of comfort and convenience in the heart of Ballarat Central.

With Lake Wendouree just a short 600m stroll, morning walks can be enjoyed every day with a stop at local cafes along the way. A similar distance gets you to the train station and CBD, so commuting and dining out won’t involve you getting out your car!

Beautifully restored from the ground up and fully modernised throughout, there’s nothing left to do but move in and begin living the lifestyle you know your family deserves. Four generous bedrooms, all complete with built-in robes to offer plenty of space for your growing family, and the master bedroom has its own private ensuite. If working from home, one of the bedrooms could easily double as your home office.

Read the full description

Bask in the luxurious, beautiful and modern bathroom with freestanding bath, frameless shower, wall hung vanity and “The Block”-inspired feature subway tiles. A separate powder room ensures you’ll never trip over each other again getting ready for work, school or a night on the town.

Culinary aficionados will revel in the light-filled, open plan kitchen equipped with stainless steel appliances for cooking up a storm. You’ll love having your own Butler’s Pantry, complete with stone benches and its own sink for food preparation, extensive shelving plus space for your fridge and integrated laundry. Able to be closed off from the main kitchen, it’s an entertainer’s dream! Dinner party guests will be able to enjoy a glass of wine or two around the waterfall Caesar stone island bench top. Relax in your light-filled living zone, or step outside to enjoy great company in your fully-fenced easy-care rear yard – perfect for hosting summer barbecues with friends and family!

Featuring ducted heating throughout, double lock-up garage, and too many exceptional features to list, inspection is essential to fully appreciate everything this stunning home has to offer. Also close to the supermarket and schools, everything your family could want is close at hand.

But you’ll need to act quickly! Such an exceptional four bedroom family home in this extremely rare location is highly sought after. Call Chris to arrange an inspection before another discerning buyer snaps up this wonderful home!

Listing description written by Chris McAteer, Buxton Ballarat — reproduced as published, not verified by Districts.

Also look at

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Districts

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.