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Back 1 & 2/40 Ford Street
Off Market

1 & 2/40 Ford Street

Eureka VIC 3350

2
1
1
235 m²
474 m²
House
Last sold for $570,000
Cameron WebbCameron Webb, last sold this property on 02 June 2026 after 84 days on market.

Overview

"Dual Units, Dual Income on one Title - Perfect Investment or Owner-Occupier!"

Positioned in a quiet pocket just off Eureka Street, 1 & 2 Ford Street, Eureka presents a fantastic opportunity for investors, owner-occupiers, or those seeking a dual-income property close to the heart of Ballarat. Set on a generous combined 474m² allotment and built in 1990, these two well-maintained units are offered on one title with separate service connections, providing flexibility and excellent rental potential. Unit 1 offers comfortable and practical living with two generously sized bedrooms, both complete with built-in robes. The home features a combined bathroom and laundry, maximising space and functionality. A cosy front porch welcomes you inside, while the spacious backyard provides plenty of room to relax outdoors or enjoy a spot of gardening, complemented by a handy garden shed. A private carport adds further convenience. Currently leased at $300 per week to excellent tenants until 14/08/2026, providing immediate rental income. Unit 2 has been recently refreshed with fresh paint and new floor coverings throughout, creating a bright and updated feel. The unit includes two good-sized bedrooms with large built-in robes, a separate lounge with a Rinnai gas heater, and a functional kitchen fitted with a new gas oven and cooktop. The combined bathroom and laundry offers practicality, while outside you'll find a low-maintenance courtyard, garden shed and wall-mounted clothesline. Off-street parking is provided via a carport. The current tenant is vacating on 20/04/2026, opening the door for an owner-occupier or new tenant. Located just minutes from the Ballarat CBD with easy access to the Melbourne Freeway, this property delivers outstanding convenience while maintaining a peaceful residential setting. This is an incredible investment opportunity - live in one and rent the other, or lease both and enjoy a strong dual income stream in a sought-after location.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
235 m² floor area
474 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Eureka over the last 12 months, the estimated median property value of 1 & 2/40 Ford Street is $415k.

Median value
$415k
Estimated value range
$360k - $570k
Median days on market
29
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Eureka. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 & 2/40 Ford Street

2026
Sold
$570,000
02 Jun 2026 by Cameron Webb, of Ray White Ballarat

Happy sellers in Eureka

~%

We have insufficient information to provide an overview of customer satisfaction for Eureka. Viewing the agent profiles, reviews and sales for Eureka can provide insights for this location.

Local market activity for 2 bedroom houses in Eureka

In the last 12 months, 5 two-bedroom houses similar to 1 & 2/40 Ford Street, have been sold.

This represents a 200% decrease in two-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Eureka

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Lisa Eden-Horvat

Sellers who recommend Lisa Eden-Horvat have praised them for being clear communication, local expert, responsive, friendly, honest, supportive and well-prepared

  •   4.9   (824 reviews)
  •  2 Reviews in Eureka
View profile
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Michael Edgar

Michael Edgar is a recommended agent for Eureka.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   4.9   (41 reviews)
  •  1 Review in Eureka
  •  2 Sales in Eureka
View profile
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Ebony Simeoni

Ebony Simeoni is a recommended agent for Eureka.  They have collected 1 local review across the last 12 months.

  •   5   (24 reviews)
  •  1 Review in Eureka
View profile
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Paige Laue

Paige Laue is a recommended agent for Eureka.  They have collected 1 local review across the last 12 months.

  •   5   (11 reviews)
  •  1 Review in Eureka
View profile
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