Sold

553 Hutchinson Drive Lucas, VIC 3350

Lucas, Ballarat, VIC, 3350

$ 703,350

Sold
Lucas, Ballarat, VIC, 3350
553 Hutchinson Drive Lucas, VIC 3350-0

Property Images

553 Hutchinson Drive Lucas, VIC 3350-0
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2.5
  • Bathrooms
  • 2
  • Cars
  • 180

Details

Updated on Jun 19, 2026

Property Type: House and Land
Price: $ 703,350
Land Price: $ 320,000
Build Price: $ 383,350
Gross Per Week: $ 540**
Gross Per Annum: $ 28,080
Gross Yield: 3.99%
Capital Growth 12 Months: 11.36%
10Yr Annualised Growth: 6.46%
Vacancy Rate: 0.68%
Property Size: 180 m2
Land Area: 448 m2
Bedrooms: 4
Bathrooms: 2.5
Parking: 2
Title Status: Titled
Property ID: 26281
SKU: 1045
Sold: Jun 24, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Situated in the thriving suburb of Lucas, this House presents an excellent opportunity for modern living and investment. With 4 bedrooms, 2 bathrooms and 2 car space/s, it is thoughtfully designed to suit today's lifestyle needs. Its efficient use of space ensures comfort while maintaining low maintenance requirements. Ideal for investors, it offers a strong balance of rental appeal and future growth potential. A smart choice in a high-demand location.

Designed to perform in today's rental market, this House in Lucas combines reliable yield with capital appreciation potential. It's a well-rounded opportunity that fits both short-term goals and long-term strategies. A solid investment you can depend on.

A House and Land Package offers a complete, turnkey solution by combining a brand-new home build with a carefully selected block of land.

Designed for modern living, these packages provide flexible floor plans, contemporary finishes, and the convenience of a streamlined building process.

Ideal for both owner-occupiers and investors, they deliver a hassle-free pathway to securing a quality property in a growing community.

Investing in a House and Land Package presents strong value, with fixed pricing, potential stamp duty savings, and reduced maintenance costs.

With increasing demand in emerging suburbs, these properties offer excellent prospects for rental yield and long-term capital growth.

Floor plans

floor_plan.png
Address 553 Hutchinson Drive Lucas, VIC 3350
City Ballarat
State VIC
Postcode 3350
Suburb Lucas
Estate Lucas Central

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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