3 Hill Street, Ballarat Central, Vic 3350

$430,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
274 mΒ²
Area

Published on Monday, May 25, 2026 ( See property details for 3 Hill Street, Ballarat Central, Vic 3350)

$430,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming period-style home in a sought-after central Ballarat location offering immediate rental potential and exciting renovation prospects.

🏑 Property Highlights

  • Prime central location close to CBD and amenities
  • Period-style residence with charming street appeal
  • Generous proportions and flexible floorplan
  • Immediate rental income potential with compliance to standards
  • Ideal for renovators, investors, or buyers seeking value
  • Close to public transport, cafes, and schools

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Ceiling Fans
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Pet-Friendly
  • Garage / Secure Parking
  • Waterfront / Views
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3 Hill Street
Ballarat Central, VIC 3350
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$ 29 .00
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Vertical aerial view β€” 3 Hill Street
3 Hill Street — Vertical Aerial  •  Ballarat Central, VIC 3350  •  Nearmap © 2026

Ballarat Central is a vibrant inner-city suburb renowned for its historic charm, strong community feel, and proximity to essential amenities. It offers excellent walkability, a mix of character homes and modern developments, and easy access to public transport, cafes, and schools. The area continues to attract buyers and investors seeking a convenient and lively lifestyle. With ongoing demand for central properties, it presents a promising opportunity for future growth.

What is the current condition of the property and what renovations are needed?
The property is in need of renovation and modern updates, but it is compliant with current minimum rental standards, allowing immediate leasing while planning improvements.
Is the property suitable for immediate rental income?
Yes, the home complies with current rental standards, making it suitable for immediate leasing.
What are the key features that add value to this property?
The property's character appeal, central location, generous proportions, and potential for renovation are key value drivers.
How accessible are local amenities and transport options?
The property is conveniently located close to the Ballarat CBD, public transport, cafes, schools, and everyday amenities.
What are the future development or planning considerations in the area?
Potential buyers should consult local council planning and zoning regulations for any future development or planning considerations.
Are there any hidden costs associated with the property's renovation or ongoing maintenance? Has the property been inspected for structural issues or pests? Are there any zoning restrictions or easements affecting the property? Is there any history of flooding or bushfire risk in the area? Are there any upcoming planning or development projects nearby that could impact the property’s value or lifestyle?

3 Hill Street, Ballarat Central, Vic 3350 - More Details

$430,000

Positioned in a sought-after central location, this period style residence presents an exciting opportunity for renovators, investors, or buyers looking to add value over time. Set behind an attractive facade with undeniable street appeal, the home offers plenty of character along with generous proportions throughout.
Inside, the flexible floorplan features three spacious bedrooms, a formal lounge, separate dining room, and a large kitchen area with ample space for future improvement. While the property is in need of renovation and modern updates, it is compliant with current minimum rental standards, allowing investors the option to lease the home immediately while planning future renovation.
Located within close proximity to the Ballarat CBD, public transport, cafes, schools, and everyday amenities, this is an affordable entry into one of Ballarat’s inner-city pockets.
With character homes in central locations continuing to attract strong demand, this is an outstanding opportunity to secure a well-priced property with enormous potential at an affordable price point.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
274 mΒ²

Price guide

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Map & nearby places — 3 Hill Street, Ballarat Central, Vic 3350

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