A PROMISING OPPORTUNITY WITH OUTSTANDING POTENTIAL

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1121 Ligar Street, Ballarat North VIC 3350

$500,000 - $550,000

Search Band Search Visibility Band

$500k - $550k High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 3 Cars 511 m²

Listed: 3 days ago

Updated: 3 hours ago

Overview

Situated in the highly sought-after Ballarat North neighborhood, this brick house offers a strategic blend of accessibility and opportunity. Close to the Ballarat CBD and essential amenities, it provides an ideal base for those valuing convenience in daily living or investment potential.

The property rests on a generous 511sqm allotment, affording substantial space for enhancement or retaining as a reliable income stream with an existing tenant in place. This flexibility makes it particularly attractive for investors or renovators eager to unlock additional value.

Internally, the residence comprises three sizable bedrooms, two of which include built-in wardrobes, supporting organized and comfortable living. The expansive living area benefits from gas heating, creating a cozy atmosphere ideal for family gatherings or relaxation. A functional layout links the main bathroom to the laundry, optimizing the home's efficiency.

The kitchen and dining area face west, overlooking a secure rear yard that promises privacy and a secure area for outdoor activities or garden projects. The presence of a double garage alongside a carport offers substantial off-street parking and storage options, enhancing the property's practicality.

While the home may require some refurbishment, its solid construction, sizeable land, and prime location present a strong foundation for value-add initiatives. Whether as an investment hold, a personal renovation project, or a future home, this property invites potential buyers to explore and capitalize on its attributes.

Local Market Insights

In Ballarat North, Quiet Listings observed 166 new houses entering the market over the last 30 days, up from 146 during the previous 30-day period, with an average advertised asking price of $743,102. The property type mix of listed properties is predominantly Houses at 83%, followed by townhouses (8%), and units (6%). The most active agency for houses in the Ballarat North area is currently Ballarat Real Estate Pty Ltd, representing 23% of new listings, followed by Jellis Craig with 15%. 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.