Black Hill at a glance
2,084
People
$575,000
Median sale
$415/wk
Median rent
3.75%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
VIC › Black Hill › Nicholson St
$820,000
Last sold
16 Apr 2021
5
Bedrooms
3
Bathrooms
3
Car spaces
1,028 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$820,000
16 Apr 2021 · derived via latest_sale
Local land rate: recorded House sales in Black Hill (last 5 years) with land size have a median of $896/m² of land (n=84). Districts calculation from recorded sales — not a valuation.
Black Hill at a glance
2,084
People
$575,000
Median sale
$415/wk
Median rent
3.75%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Black Hill
+42.6%
Median sale
Suburb $575,000
-1.12 pp
Gross yield
Suburb 3.75%
Suburb median $575,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
VICPlanning 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.
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
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.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Black Hill at a glance
2,084
People
$575,000
Median sale
$415/wk
Median rent
3.75%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton BallaratArchitecturally designed by Morton Dunn architects capturing breathtaking views across Ballarat. All set on an impressive 1,028m2 parcel of centrally located elevated land. Don’t be put off by the stairs out front as this property is all single level living with privately titled rear accessible driveway, linked to an impressive 250m2 multiple use shed, with direct access into the home.
Nestled within metres to the Yarrowee Trail, Black Hill Mountain Bike Park and Recreation Area whilst also having the convenience of intown shopping and dining out. Ballarat Train Station is an easy 15 mins walk and close to the new GOV HUB, Hospitals, Ballarat’s Elite Private and public schools are all close by.
King sized master bedroom with walk through robe into ensuite. Double shower, double vanity, remote control dimmable lighting and for the warmer months a private balcony via bi-fold doors. There are three additional separately zoned good-sized bedrooms all with built in robes and sensational views across Ballarat. The family bathroom is held close by with bath, shower, vanity and separate toilet. In addition to the four bedrooms is a full-sized study or this could become a fifth bedroom for a larger family.
The Sun filled heart of the home has 12’ high ceilings, spotted gum solid timber flooring overlooking the open plan kitchen complete with stone benchtops, double sink, dishwasher, 900mm SS gas stove / oven and separate buffet, perfect for entertaining guests. Light filled laundry including bench space, sink, drying cupboard and direct access to outside with two washing lines.
THE SHED. Perfect for tradies, storage for the caravan, boat, motorbikes, toys, classic cars… the ultimate man cave…The uses for this space are endless. Huge 6mt wide x 2.9mt high tilt panel door, 3 phase power and direct access into home. Why buy a separate factory?
Other features include 2nd Living area with split air-conditioner, this could also be turned into a granny flat / Teenagers retreat. (Sewer Available). Completely re-built home 12yrs young, Double glazed & toughened safety glass, ducted floor heating and refrigerated cooling, double garage and separate single garage, 15mtr x 5mtr unused covered inground concrete pool (ex-Nicholson St Swimming Pool), Freshly Painted & New carpets throughout, Huge 3mtr High Glass Bi-Fold doors opening onto a massive merbau entertaining deck overlooking Ballarat. This space could also be used for a Pilates or home Gym Business, (STCA) endless opportunities!
Your Private Inspection will be sure to impress from the front all the way to the back. Call today to book your private viewing and get your ideas flowing of how you can make it your own!
Listing description written by Mark Nunn, Buxton Ballarat — reproduced as published, not verified by Districts.