Back 8 Otway Street South
Off Market

8 Otway Street South

Ballarat East VIC 3350

4
1
1
598 m²
House
Last sold for $550,000
Damian ShackellDamian Shackell, last sold this property on 15 February 2026 after -18 days on market.

Overview

Prime Corner Allotment with Secure Tenancy & Future Upside

**IMAGES ARE HISTORICAL PHOTOS FROM 2022 RENTAL LISTING. PLEASE CONTACT FIONA HAWLEY FOR CURRENT WALK-THROUGH VIDEO** Set on its own generous 597m² corner title, this freestanding four-bedroom home presents a compelling opportunity for investors, land-bankers or future owner-occupiers seeking space, flexibility and location. Adding further appeal is the option to purchase the adjoining 411m² block, opening the door to future development potential (STCA). The home features four well-proportioned bedrooms, all with carpet flooring, three with built-in robes. The family bathroom includes a built-in bath, shower, vanity and toilet, while an additional external WC is located in the backyard (not currently functional). The open-plan kitchen, dining and living zone is warmed by a gas heater and designed for everyday comfort. The kitchen is well equipped with a 600mm stainless steel gas cooktop, electric oven and dishwasher, providing practical functionality for modern living. Additional features include a single carport. Ideally positioned for convenience, the property is just a 3-minute walk to St Alipius Catholic Primary School and a nearby bus stop, and only a 3-minute drive to the new Ryan's IGA, Chemist Warehouse and Ballarat CBD. With a secure income stream, compliant certifications, and the rare advantage of a corner allotment with optional additional land, this is a property offering immediate returns and long-term potential. Ballarat's Best-Selling Team

Features

4 bedrooms
1 bathroom
1 carspace
1 carport space
598 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Ballarat East over the last 12 months, the estimated median property value of 8 Otway Street South is $668k.

Median value
$668k
Estimated value range
$400k - $1.18m
Median days on market
69
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ballarat East. 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 Otway Street South

2026
Sold
$550,000
15 Feb 2026 by Damian Shackell, of PRD Ballarat
2022
Rented
Undisclosed
Leased on 18 Sep 2022 by PRD Ballarat

Happy sellers in Ballarat East

72%
72% of sellers in Ballarat East reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 22 reviews in Ballarat East over the last 12 months.

Local market activity for 4 bedroom houses in Ballarat East

In the last 12 months, 22 four-bedroom houses similar to 8 Otway Street South, have been sold.

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