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 › Lyons St
$890,000
Last sold
1 Nov 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
1,196 m²
Land
Districts View
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
$890,000
1 Nov 2024 · 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.
Vs Ballarat Central
+44.7%
Median sale
Suburb $615,000
-1.09 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 scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Ballarat
Ballarat, VIC
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.
The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 30 Aug 2026). Verify the extent against the title before relying on unaffected land.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,198 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 1,198 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO168). Heritage can block demolition and dual occupancy even when land size looks like a site. 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. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
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
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
Official parcel about 1,198 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO168). Heritage can block demolition and dual occupancy even when land size looks like a site.
Nearby competing dwellings and net yield are still unknown.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,198 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 1,198 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO168). Heritage can block demolition and dual occupancy even when land size looks like a site.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 BallaratSteeped in history, ‘Inverness’ is unique bluestone property dating back to the Gold Rush era. Constructed circa 1870 from bluestone bricks believed to be sourced from the nearby Mount Pleasant quarry, the residence is filled with grandeur and many original features. The home has enjoyed many lives since it was constructed, and has been in the current family for almost 60 years.
Offering an outstanding opportunity to restore it to its former glory, it is perfectly liveable as it is but deserves to be given a new lease of life! Comprising three bedrooms (or two plus study), three separate living areas including two large formal lounge rooms, an informal living room, plus an additional dining area. The bathroom is functional but dates back to the 1970’s, along with the kitchen which draws plenty of north light and adjoins a casual dining area and walk in pantry.
Some of the other features include high pressed metal ceilings and cornice, marble fireplace and mantle, leadlight glass finishes and a sunroom at the rear which is perfect for working from, or your arts & crafts. Wrought iron fretwork, fencing & gate add to the charm, along with established gardens including mature roses, lemon trees, a gazebo, old shed and carport for your vehicles.
Located just 1km to Ballarat’s CBD and positioned on a large 1196m2 allotment, you can enjoy city living and dine out, catch a train, or stroll along the Yarrowee River and Wallaby Track. Perhaps live and work from home with the flexible floor plan and the beautiful creative environment it provides, the choice is yours. Call Chris to arrange your inspection.
Listing description written by Chris McAteer, Buxton Ballarat — reproduced as published, not verified by Districts.