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VIC › Black Hill › Peel Street North

524 Peel Street North, Black Hill VIC 3350

House

4

Bedrooms

1

Bathrooms

3

Car spaces

625 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 625 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Black Hill (last 5 years) with land size: median $896/m² of land (n=84). 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

No recorded sale price for this property yet.

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

$573,250

Median sale

$415/wk

Median rent

3.76%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Black Hill report →

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. Soldprice unknown2 Jan 2026
  2. Listedprice unknowncompleted9 Oct 2025

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

Black Hill in one glance

Black Hill at a glance

2,084

People

$573,250

Median sale

$415/wk

Median rent

3.76%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Black Hill report →

Keep researching

  • Why Black Hill? Read the area thesis →
  • What else is on the market in Black Hill →
  • Other records on Peel Street North →

Listing material

Listed by Barry Plant Ballarat

A Ballarat Classic, Restored with Style and Comfort

Step into a remarkable piece of Ballarat history. What was once an 1890s butcher shop has been thoughtfully transformed into a warm, character filled family home full of charm and personality.

With standout street appeal and rich heritage features throughout, this is anything but an ordinary renovation. Inside, original craftsmanship blends effortlessly with creative touches and practical updates, giving the home a truly one of a kind feel.

A wide, welcoming hallway sets the scene, showcasing beautifully resanded timber floors and high ceilings that add a wonderful sense of space. Restored shiplap cladding and several original fireplaces keep the home's history front and centre.

Read the full description

Four generous bedrooms lead off the hallway, each with built in robes and plenty of natural light. Two include original fireplaces, and the large front room offers great flexibility as a master bedroom, a work from home space, or even a second living area. Storage is plentiful throughout.

Further along, the formal dining and living room provides an inviting space to gather, complete with an ornate fireplace and leafy views that create a warm, relaxed atmosphere for meals and entertaining.

Opposite, the kitchen and main family living zone bring a real sense of comfort. With garden views on all sides, this open plan area features a rustic exposed brick fireplace, timber benchtops, integrated dishwasher, a 900mm oven and cooktop, and excellent storage. It is the kind of kitchen where you will want to cook, chat, and stay a while. French doors open onto a sunlit deck leading to an established garden that feels private and peaceful.

The main bathroom is a standout, offering a walk in tiled shower, stone vanity, and a freestanding bath that creates a true retreat feel. A nearby powder room with a second toilet adds convenience. The adjoining laundry is both practical and character filled, with French doors opening to another decked alfresco area, perfect for your morning coffee or casual entertaining.

Comfort is assured year round thanks to efficient gas central heating and wide opening doors that invite in cool breezes. NBN and cable internet provide strong connectivity for those working from home.

Outside, the garden wraps around the home and offers multiple places to relax, entertain, or simply potter. A mix of flowering plants, established shrubs, and various fruit trees make it ideal for garden lovers. A fully powered double garage and carport provide plenty of room for cars, trailers, or workshop space.

The location is hard to beat. You are just 5 minutes from the Ballarat CBD, only a short walk to schools, shops, and public transport, and directly opposite a lovely park with open green space. Black Hill Reserve, with its walking and mountain bike tracks, is right at your doorstep.

Homes like this are rarely offered and always remembered.

Get in touch today for more information or to arrange your private inspection.

***Every precaution has been taken to establish the accuracy of the above information. However, prospective purchasers are advised to carry out their own due diligence***

Listing description written by Chris Borgonha, Barry Plant Ballarat — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Courtyard
  • Deck
  • Dishwasher
  • Ducted Heating
  • Fully Fenced
  • Living Areas: 2
  • Toilets: 2
  • Water Tank

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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.