Lot 8 - Humffray Street - Mt Pleasant

Description

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Mount Pleasant is a historic suburb located on the southern edge of Ballarat in Victoria, Australia, with the postcode 3350. Known as one of Ballarat’s oldest residential areas, it sits between the Yarrowee Creek and the White Horse Range, offering a mix of heritage charm and suburban convenience. The area was first settled in the early 1850s by Cornish miners and their families who sought a peaceful alternative to the bustling goldfields. While gold mining shaped much of Ballarat’s history, Mount Pleasant remained primarily a residential community, and many of its homes still reflect 19th- and early 20th-century architectural styles such as Victorian and Federation designs.

The suburb has a modest but stable population of just over 2,000 residents, with a mix of older character homes and some newer developments. It is valued for its proximity to the Ballarat CBD, making it a convenient location for families and professionals seeking a quieter environment without sacrificing access to city amenities. Local facilities include Mount Pleasant Primary School, kindergartens, and community parks such as Peady Street Reserve and Flockhart Street Recreation Reserve. Public transport options include bus services connecting the area to central Ballarat, and residents enjoy easy access to historical landmarks like the Ballarat Observatory.

Mount Pleasant is known for its strong sense of community, scenic surroundings, and family-friendly atmosphere. It offers large residential blocks and an abundance of green space, appealing to those who appreciate character homes and the charm of established neighborhoods. However, because many properties are older, maintenance and heating can be considerations, especially in Ballarat’s cooler climate. The suburb also varies in appearance and desirability from street to street, with some areas featuring more modern upgrades than others.

Overall, Mount Pleasant is a suburb that balances history and convenience, offering good investment potential due to its heritage character and closeness to the city. It is ideal for buyers who value tradition, space, and community over modern estate living, making it a unique and enduring part of Ballarat’s suburban landscape.

• Property Type: House and Land
• Property Stage: N/A
• Price: $ 584,690.00
• Land Price: $ 195,000.00
• Build Price: $ 389,690.00
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: 1
• Floor Plan: Corella
• Completion: N/A
• Land Size: 428
• Area Size: 187.42
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 430.00
• Est. Body Corp.: N/A
• Title Status: Registered
• Gross Per Week: $ 430.00
• Gross Per Annum: $ 22,360.00
• Gross Yield: 3.82%
• Capital Growth 12 Months: -4.10%
• Capital Growth 10 Year Annualised: 6.39%
• Vacancy Rate: 1.01%