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VIC › Ballarat Central › Eastwood St

4-6 Eastwood St, Ballarat Central VIC 3350

For saleLand

$1,800,000–$1,900,000

For sale

Asking range

0

Bedrooms

0

Bathrooms

0

Car spaces

670 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,800,000–$1,900,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,800,000–$1,900,000(Listing record · 17 Aug 2023)
  • FactLand 670 m²; no building size recorded.(Property record)
  • CalculationAsk is 193% above the Ballarat Central median recorded sale ($615,000, n=35, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ballarat Central's advertised median rent ($415/wk), implied gross yield would be 1.20% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,800,000–$1,900,000

Asking range · $2,687/m² of land

No recorded sale for this property.

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

+192.7%

Median sale

Suburb $615,000

-2.31 pp

Gross yield

Suburb 3.51%

Suburb median $615,000 from 35 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,800,000
Stamp Duty (Victoria)
$99,000
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,906,314

$106,314 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Ballarat Central's advertised median rent — not a rent for this listing.

Net yield
-0.30%
Annual cashflow (pre-tax)
$-99,020
Interest cover (DSCR)
-0.06
Annual rent
$21,580
Operating expenses
$27,000
Loan amount
$1,440,000
Annual interest
$93,600
Gross yield
1.20%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,800,000–$1,900,000available17 Aug 2023

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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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

Gross yield if leased at the suburb aggregate is 1.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Eastwood St →

Listing material

Listed by Buxton Ballarat

Rare Commercial Development Opportunity Right in the Heart of Ballarat’s CBD!

Looking to make your mark on the vibrant Ballarat CBD? Look no further! Presenting an absolutely superb commercial development opportunity at 4-6 Eastwood Street right in the heart of the bustling Central Business District. This prime corner location boasts proximity to key landmarks such as Coles supermarket, Ballarat Police station, and a convenient car parking, making it an unbeatable choice for your next project. This exciting development opportunity incorporates freehold title, comprehensive architectural plans, and all the necessary permits to commence building today! This is your chance to dive into a turnkey development that promises immense potential for growth, profitability with a diverse development consisting of commercial office space and luxurious inner city penthouse apartment living!

With an already approved planning permit, you're all set to bring to life a true architectural marvel. The ground floor offers a grand foyer and two spacious offices, along with garages designed for the penthouse apartments, modern toilets, and convenient kitchenette facilities.

Step into the first floor, where you'll find two more offices, accessible toilets, and a well-equipped kitchenette – the ideal office space for your business. Continuing upwards, the second floor mirrors the layout with two additional offices and similar toilet facilities. As you ascend to the third floor, prepare to be amazed by the absolute gem of this project – two luxurious penthouse apartments. These penthouse apartments are nothing short of spectacular. Crafted with meticulous attention to detail, each penthouse boasts open-plan living areas, a walk-in pantry, and balconies offering breathtaking views. With three spacious bedrooms, three well-appointed toilets, and a convenient laundry room, these penthouses are the epitome of modern luxury living right in the heart of our CBD and a extremely rare and unique opportunity to build your dream and reap the financial rewards today.

Read the full description

Don't miss out on this golden opportunity to shape Ballarat's skyline with a monumental 4-story build that's destined to become a landmark in itself. Act now to secure your place in the heart of Ballarat Central's bustling CBD. Contact us today to explore this remarkable commercial development opportunity that's ready to redefine the city's landscape forever.

For more information or to arrange a private onsite meeting, please contact us at Buxton Ballarat today. Your vision, our expertise – let's make it happen!

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

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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.