Back 8 Ningana Street
Off Market

8 Ningana Street

Alfredton VIC 3350

4
2
1
House
Last sold for $400,000
Mark VorstenboschMark Vorstenbosch, last sold this property on 12 November 2023 after 18 days on market.

Overview

Prime Opportunity in Alfredton - Restore or Develop (STCA)

This property, nestled in a fantastic location, offers a unique opportunity for those looking to restore a home to its former glory or explore its development potential (subject to council approval). With a generous land area of 724 square meters, it's a prime piece of Alfredton ready for transformation. Location, Location, Location: This property is situated in a fantastic location, close to transportation, the best schools in Ballarat, and all the conveniences you could need. It's a highly desirable area that offers a superb lifestyle. Restore to Prime: While the property needs some work to bring it back to its prime, it holds incredible potential for someone with a vision and a little handiness. The existing structure features four bedrooms, with the master bedroom having an ensuite, and an open-plan kitchen and living area. Development Opportunity: For those with a vision for development (subject to council approval), this property's land area is a rarity in the area. Land of this size is not readily available, making it a magnificent location for potential development. Value and Potential: If you're even slightly interested in this property, it's time to schedule an inspection. Opportunities like this don't stay on the market for long. With some TLC or a development project, this property has the potential to yield fantastic results. Whether you're an investor, a developer, or someone looking to restore a property to its prime, this is an opportunity you won't want to miss. Contact us today to arrange a viewing and explore the possibilities that this prime piece of Alfredton offers.

Features

4 bedrooms
2 bathrooms
1 carspace
1 garage space
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Alfredton over the last 12 months, the estimated median property value of 8 Ningana Street is $688.25k.

Median value
$688.25k
Estimated value range
$495k - $1.94m
Median days on market
33
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Alfredton. 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 8 Ningana Street

2023
Sold
$400,000
12 Nov 2023 by Mark Vorstenbosch, of BigginScott Ballarat & Creswick

Happy sellers in Alfredton

93%
93% of sellers in Alfredton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 55 reviews in Alfredton over the last 12 months.

Local market activity for 4 bedroom houses in Alfredton

In the last 12 months, 200 four-bedroom houses similar to 8 Ningana Street, have been sold.

This represents a 5% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

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