Back 1/222 Drummond Street
Off Market

1/222 Drummond Street

Ballarat Central VIC 3350

1
1
1
Unit
Last sold for $295,000
Peter BurleyPeter Burley, last sold this property on 21 April 2026 after 183 days on market.

Overview

Freshly Renovated Central Gem – Perfect for Investors or First Home Buyers

Perfectly positioned in the heart of Ballarat Central, this stylishly renovated ground floor apartment offers unbeatable convenience and low-maintenance living. Currently tenanted and returning $300 per week, it presents an excellent opportunity for investors seeking an immediate rental return. Enjoy being just moments from the CBD, hospitals, Lake Wendouree, cafes, and public transport, making it ideal for those seeking a vibrant city lifestyle. Step inside to discover a light-filled open plan lounge and kitchen area, complete with brand new cupboards, benchtops, and an electric oven. Fresh paint, new carpet, and a new split system ensure modern comfort and a move-in-ready appeal. The bedroom is generously sized and includes a built-in robe, while the updated bathroom and toilet are neatly combined for practicality. With plenty of on-street parking available and situated within a well-maintained complex of seven, this is a fantastic opportunity to secure a beautifully refreshed property in a highly sought-after central location. Ideal for first home buyers, downsizers, or savvy investors alike.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Ballarat Central over the last 12 months, the estimated median property value of 1/222 Drummond Street is $295k.

Median value
$295k
Estimated value range
$250k - $320k
Median days on market
62
Estimated value trend
34%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ballarat Central. 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 1/222 Drummond Street

2026
Sold
$295,000
21 Apr 2026 by Peter Burley, of Buxton Ballarat

Happy sellers in Ballarat Central

90%
90% of sellers in Ballarat Central reported that their sale price either exceeded or met their price expectations.

Ballarat Central stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Ballarat Central over the last 12 months.

Local market activity for 1 bedroom units in Ballarat Central

In the last 12 months, 6 one-bedroom units similar to 1/222 Drummond Street, have been sold.

This represents a 100% decrease in one-bedroom units sales when compared to the previous 12 months.

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