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417 Nicholson Street, Black Hill VIC 3350

$499,000 - $545,000

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$499k - $524k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 537 m²

Listed: 11th Aug 2026

Updated: yesterday

Overview

Located in the highly sought-after suburb of Black Hill, this property stands out as a smart investment for first home buyers, renovators, and investors seeking to enter a consistently popular Ballarat neighbourhood. The generous 537 square metre allotment offers a solid foundation with immediate livability and excellent potential for growth through cosmetic modernization or renovations, subject to council approval (STCA).

The residence features three well-sized bedrooms and a central bathroom, arranged in a functional layout that prioritizes everyday comfort. The versatile floor plan provides flexibility for future enhancements, enabling owners to personalize the space to their taste or maximize its investment appeal.

Outside, the spacious backyard invites a range of lifestyle possibilities, from outdoor entertaining to cultivating a garden or establishing a secure play space for families. The ample yard area encourages creativity, offering a valuable extension of the living environment.

Proximity to Ballarat CBD and essential local amenities such as schools, shops, public transport, and the scenic Black Hill Reserve walking tracks enhances the property's desirability. This location combines the convenience of city-fringe living with the charm and community spirit that characterizes Black Hill, making it a perennial favourite among both buyers and tenants.

Whether entering the market for the first time, seeking a renovation project, or expanding an investment portfolio in a growth area, this property presents a compelling opportunity aligned with diverse buyer needs.

Three-bedroom home in an established and popular Black Hill locale
Generous land size of approximately 537m² providing outdoor flexibility
Ideal for those seeking value-add potential through renovations or updates
Spacious backyard suited for entertaining, gardening, or family activities
Close to quality schools, shopping, transport, and parklands
Minutes from Ballarat CBD, offering urban convenience
Strong investment appeal in a high-demand neighbourhood

Local Market Insights

In Black Hill, Quiet Listings observed 166 new houses entering the market over the last 30 days, up from 117 during the previous 30-day period, with an average advertised asking price of $820,319. The property type mix of listed properties is predominantly Houses at 82%, followed by units (6%), and townhouses (5%). The most active agency for houses in the Black Hill area is currently Ballarat Real Estate Pty Ltd, representing 23% of new listings, followed by Buxton Real Estate Group with 16%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.