FOR SALE
$499,000

15 Duncan Street
Ballan VIC 3342

Bedrooms: 3
Bathrooms: 1
Car spaces: 7
Land area: 745m2
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Developer or Renovation Gold

You'll find this 3 bedroom home situated on a corner block of 745 sqm in the heart of Ballan.
Sitting opposite the primary school, 700m from the train station (with express commuter services to either Melbourne or Ballarat), and just one block back from the main street. Additionally the home is just 2.8km from the Western Freeway making it the perfect investment for future potential.
The three bedroom weatherboard home is in need of some TLC & renovations, but STCA the corner block would be perfect for subdivision. Alternatively you could renovate the existing home and take advantage of Victoria's new development regulations, which would enable you to create a dual income property by building a unit up to 60sqm in the backyard. This property is located in the GRZ4 (General Residential Zone 4), and is free from heritage and neighbourhood character overlays. Because it's within 800m of the Passenger Railway Station it may also be eligible for development under The Future Homes Program.
Don't miss out on this corner block opportunity, get in touch today and we'll be more than happy to talk about your options and book a private inspection.
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Property Details for 15 Duncan St, Ballan

15 Duncan St, Ballan is a 3 bedroom, 1 bathroom House with 7 parking spaces. The property has a land size of 745m2. The place is currently for sale with Raine & Horne - Bacchus Marsh.

Building Type
House
Land Size
745m2

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About Ballan 3342

The size of Ballan is approximately 147.2 square kilometres. It has 8 parks covering nearly 4% of total area. The population of Ballan in 2011 was 2,774 people. By 2016 the population was 3,002 showing a population growth of 8.2% in the area during that time. The predominant age group in Ballan is 50-59 years. Households in Ballan are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballan work in a professional occupation. In 2011, 79.9% of the homes in Ballan were owner-occupied compared with 80.2% in 2016.

Ballan has 2,211 properties. Over the last 5 years, Houses in Ballan have seen a 24.51% increase in median value, while Units have seen a 9.39% increase. As at 31 August 2024:

  • The median value for Houses in Ballan is $636,119 while the median value for Units is $381,535.
  • Houses have a median rent of $450 while Units have a median rent of $390.
There are currently 40 properties listed for sale, and 3 properties listed for rent in Ballan on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Ballan.

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Priscilla Asi
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Dalvir Gill
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Raine & Horne - Bacchus Marsh
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