Back 314 Ripon St S
Off Market

314 Ripon St S

Ballarat Central VIC 3350

3
1
3
578 m²
House
Damian ShackellDamian Shackell, last sold this property on 22 October 2025 after 51 days on market.

Overview

Dual Income Investment - Residence & Retail Shop

**Inspections by private appointment only This unique property offers two secure income streams with strong returns. • Weatherboard Home: 2-storey residence with timber floors, formal lounge with gas-log fire, dining, timber kitchen, large family room, alfresco area, 3 bedrooms (main with ensuite & balcony), study nook, clawfoot bathroom, and off-street parking. Currently leased at $385/week to excellent tenants. • Retail Shop: Period shopfront with storeroom plus rear storage/workshop shed. Long-term tenant trading as Ballarat Home Brew Centre for over 30 years. New 3-year lease to 16/06/2028 at $15,500/annum (excl. GST) with 2 further 3-year options. • The Numbers: Combined rental income of $35,520 p.a. delivering a solid return. A rare chance to secure a dual-tenancy property with excellent returns, established tenants, and future growth potential. Ballarat's Best-Selling Team

Features

3 bedrooms
1 bathroom
3 carspaces
1 carport space
2 garage spaces
578 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Ballarat Central over the last 12 months, the estimated median property value of 314 Ripon St S is $650k.

Median value
$650k
Estimated value range
$390k - $1.18m
Median days on market
52
Estimated value trend
15%
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 314 Ripon St S

2025
Sold
Undisclosed
22 Oct 2025 by Damian Shackell, of PRD Ballarat
2023
Rented
Undisclosed
Leased on 13 Aug 2023 by PRD Ballarat
2018
Rented
Undisclosed
Leased on 17 Jul 2018 by Titheridge Real Estate

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 3 bedroom houses in Ballarat Central

In the last 12 months, 74 three-bedroom houses similar to 314 Ripon St S, have been sold.

This represents a 13% increase in three-bedroom houses sales when compared to the previous 12 months.

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