115 Howitt Street, Soldiers Hill VIC 3350
115 Howitt Street, Soldiers Hill VIC 3350
4-bed detached house | 28-year ownership history | 6.70% annual growth | land-led inner-Ballarat corridor | stable family demand
A four-bedroom detached house is offered on Howitt Street, within Soldiers Hill’s established low-rise corridor. The property has been held for 28 years, a rarity in this market and a sign of long-term liveability. Value is led by land and position rather than density, and the house is placed among the older family stock close to Ballarat’s CBD. The configuration is best suited to owner-occupiers seeking space, parking, and a practical commute, while the long ownership record is read as street stability. Renovation potential is implied by the age profile, but the core appeal is found in the balance of size, tenure, and access.
Value may be influenced by the structure’s condition and updates. After 28 years, deferred maintenance may be expected, but cosmetic changes are unlikely. The corridor mix might be seen as a trade-off between convenience and privacy, and final price may be determined by how land size is weighed against infill. Rental yield may be outweighed by layout and presentation.
Detailed Independent Property Report prepared by PropCred Analyst team for 115 Howitt Street, Soldiers Hill VIC 3350
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Soldiers Hill VIC 3350, a Ballarat precinct, holds a median house price near $575,000, with annual moves ranging from -1.29% to -4.33%, though one quarterly reading shows +6% for houses. Units sit at $420,000 with 5% growth. The buyer base is balanced—36% renting, 32% mortgaged, 32% owned outright—and annual sales of 74–77 houses, plus listings up to $1.7m, signal steady demand. Rental yields are modest for houses at 3.95% yet firmer for units at 5.07%, while house rents vary from $395 to $500. Constraints are visible: house values are cooling despite solid turnover, and days on market extend to 60.5. Future growth depends on established infrastructure and Ballarat’s broader appeal, but price sensitivity and rate risk cap near-term upside.
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PropCred Estimated Value
Comparable Sales: 503 Howitt Street sold $480,000 | Property Price Band: $500,000-$600,000 | Value Drivers: land size, renovation level, presentation
Bedrooms
4
Bathroom
1
Parking
-
Land
782m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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