826A Chisholm Street, Black Hill VIC 3350

826A Chisholm Street, Black Hill VIC 3350
Modern townhouse with 3 bed, 2 bath, 2 car | Over 180 sqm of living space | Currently rented at $570 per week | Infill development in established suburb This property is competitively strong as a newer, low-maintenance townhouse in an established Ballarat suburb, offering over 180 square metres of configured living space which is generous for its type. It sits well for owner-occupiers wanting modern finishes and efficient layout, downsizers seeking easy-care living with three bedrooms, or investors attracted to its established rental demand and current tenancy at $570 per week. The location in Black Hill provides proximity to central Ballarat services and employment nodes, making it a practical choice for professional couples or small families. The value may be influenced by its infill configuration on a smaller lot, which typically offers less land and privacy than detached houses in the area, though this is offset by newer build standards and lower maintenance requirements. The current asking price sits above the closest comparable sale from 2022, which might reflect market uplift or differences in finish and tenancy, but buyers should weigh whether the premium aligns with the property’s medium-density character and limited land component. Rental yield around 3.75 to 3.9 percent provides a reasonable baseline for investment consideration.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 826A Chisholm Street, Black Hill VIC 3350
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Market Insight:

Black Hill presents a stable, mature market with a notable mix of outright owners and renters, anchored by a significant older demographic. Demand is currently shaped by singles and renters occupying its detached housing stock. Recent price trends show modest house growth contrasted with stronger unit performance, while houses move at a measured pace. Future growth may be supported by this established rental base, though the market’s maturity suggests a steady trajectory rather than rapid expansion.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

306mยฒ

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