506 Chisholm Street, Black Hill, Vic 3350

$725,000 - $785,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
1,491 m²
Area

Last updated on Friday, April 10, 2026 ( See property details for 506 Chisholm Street, Black Hill, Vic 3350)

$725,000 - $785,000

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

A versatile 3-bedroom house on a large 1,491m² block in Black Hill offering immediate comfort and exceptional development potential (STCA).

🏡 Property Highlights

  • Substantial 1,491m² allotment with future development potential (STCA).
  • Existing three-bedroom home providing immediate income or occupancy.
  • Prime location in tightly held Black Hill, close to Ballarat CBD and amenities.
  • Generous frontage and expansive depth ideal for subdivision or multi-dwelling redevelopment.
  • Character-filled home with timber floors and shiplap timber wall features.
  • Large undercover deck overlooking a spacious backyard, perfect for outdoor living.

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Heating
  • Split System Cooling
  • Shed
  • Ceiling Fans
  • Internal Laundry
  • Waterfront / Views
  • Waterfront / Views
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506 Chisholm Street
Black Hill, VIC 3350
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Vertical aerial view — 506 Chisholm Street
506 Chisholm Street — Vertical Aerial  •  Black Hill, VIC 3350  •  Nearmap © 2026

Black Hill is a highly sought-after suburb known for its established community, proximity to Ballarat CBD, and strong growth prospects. It offers a peaceful environment with easy access to schools, transport, and amenities. The area features a mix of character homes and large allotments, making it ideal for both families and investors. With ongoing development and land banking opportunities, Black Hill continues to attract those seeking long-term value and lifestyle benefits.

What is the current condition of the existing home?
The home features timber floors, shiplap timber wall features, a functional kitchen and dining zone, and offers comfortable living with central heating and split system cooling.
What are the development possibilities for this property?
The large allotment provides scope for subdivision or multi-dwelling redevelopment (STCA), making it ideal for developers and land bankers.
Is the property suitable for immediate occupancy?
Yes, the existing three-bedroom residence can be occupied immediately or used as a rental income stream while planning future development.
What amenities are nearby?
The property is close to Ballarat CBD, schools, transport options, and everyday amenities, making it highly convenient.
Are there any restrictions or approvals required for development?
Development would be subject to council approval (STCA), and potential buyers should verify zoning and planning regulations with local authorities.
Are there any existing planning restrictions or zoning overlays that could affect subdivision or development plans? Has a recent land survey been conducted to confirm boundaries and dimensions? Are there any easements, covenants, or encumbrances on the property that could impact future use? What are the potential costs associated with connecting utilities and services for development? Is there any history of flooding, bushfire risk, or environmental concerns on the site? Are there any nearby construction or planning activities that could affect future development or living conditions? What are the strata or body corporate considerations if subdividing or developing multiple dwellings? Are there any restrictions on building height, design, or setbacks imposed by local council? What is the current condition of the existing structures, and are there any repairs or renovations needed? Are there any additional costs or fees associated with rezoning or obtaining development approvals?

506 Chisholm Street, Black Hill, Vic 3350 - More Details

$725,000 - $785,000

Positioned on a substantial 1491m² (approx.) allotment in tightly held Black Hill, 506 Chisholm Street presents an exceptional opportunity for developers, land bankers and investors seeking scale, flexibility and future upside (STCA) in an established residential setting. With its generous frontage and expansive depth, this sizeable parcel offers exciting scope for subdivision or multi-dwelling redevelopment (STCA), capitalising on strong buyer demand for quality homes in this highly regarded pocket. The existing three-bedroom residence provides immediate holding income or comfortable occupancy while future plans are explored, adding further appeal for those looking to secure the site now and develop later. Showcasing timber floors and shiplap timber wall features, the home retains its original character and includes a functional kitchen and dining zone, central heating and split system cooling for year-round comfort. A large undercover deck overlooks the expansive backyard, while the substantial shed enhances the site's versatility for storage, trades or interim use during planning stages. It is the land component that truly defines this offering, with allotments of this scale becoming increasingly rare in established locations so close to the Ballarat CBD, schools, transport and everyday amenities. Whether you are considering a boutique townhouse development, potential subdivision or simply land banking in a proven growth corridor, this blue-chip parcel delivers genuine upside and long-term potential (STCA). Opportunities of this size and flexibility in Black Hill are few and far between, contact us today to discuss the development potential and arrange your inspection.

TH2403
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
1,491 m²

Price guide

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