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 › Webster St
$3,000,000
Last sold
4 Mar 2022
10
Bedrooms
9
Bathrooms
4
Car spaces
2,355 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
$3,000,000
4 Mar 2022 · derived via latest_sale
Local land rate: recorded House sales in Ballarat Central (last 5 years) with land size have a median of $1,442/m² of land (n=79). 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
+387.8%
Median sale
Suburb $615,000
-2.79 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 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
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 BallaratPresenting this remarkable property – Erindale – to the market that boasts a unique and rare offering in this grand Victorian Residence. Facing beautiful Webster Street is a gracious solid brick Victorian home that is currently occupied by Nextt and used for Supported independent living. The property could be used for further commercial use such as a practice for doctors, physios, health care etc or offers an amazing residential opportunity for the astute buyer looking for a home with scale and endless potential.
“Erindale” – a magnificent circa 1878 Victorian residence, distinguished by its Grand Hall, gracious period integrity with an inviting veranda wrapping around the front of the house. Remarkable Victorian details are highlighted through an impressive arched hallway, elegant front lounge, sitting room/ library and the dramatic Grand Hall. There are ornate plaster and pressed metal ceilings, with rooms featuring marble and slate/timber fireplaces. Three spacious bedrooms, showcasing gorgeous box windows are complemented by 3 bathrooms. The well-equipped timber kitchen/meals area faces rear and accesses the Grand Hall. Under the Grand Hall is a fully self-contained studio apartment. Outside is equally impressive, with a cast iron Victorian fence, perfumed roses and stunning fountain. Car parking is no issue, with gates at the front, and a side entrance with ample car spaces at the rear.
The rear wing to the property consists of Seven bedrooms, six bathrooms, three separate living zones, four store rooms, commercial kitchen and laundry. Direct access to a carport for two cars and other designated spots, the rear yard and a sun deck. This part of the property alone is larger than most homes in the area.
The location is absolutely elite being within walking distance to hospitals, train station, CBD, cafes, shops and private schools. This property is unique and one of a kind so be sure to enquire today and arrange your own viewing.
Listing description written by Mark Nunn, Buxton Ballarat — reproduced as published, not verified by Districts.