FOR SALE
Sale Price Unavailable

462 Old Melbourne Road
Ballan VIC 3342

Bedrooms: 3
Bathrooms: 3
Car spaces: 4
Land area: 5ac
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RIDE ON THE BACK OF THE 240 ACRE DEVELOPMENT NEXT DOOR

Best of Both Worlds - Move in Now and Develop in years to Come!
This stunning 3 bedroom home offers the perfect opportunity for the astute investor or lifestyle purchaser.
The magnificent home is ready to occupy with large bedroom's, recently renovated kitchen and dinning, all leading to a glorious sun dappled living space.
An entertainers dream, sit in the atrium style lounge as you look out to your beautifully kept gardens. With an in home sauna and theatre room, this spacious home wont last long.
The large grounds offer plenty of storage with auxiliary shedding and an abundance of non native trees.
Situated in the Ballan Investigation area for future residential, this is a perfect opportunity to secure what will become a prime development space for subdivision into 600m2 blocks (STCA)

Property Details for 462 Old Melbourne Rd, Ballan

462 Old Melbourne Rd, Ballan is a 3 bedroom, 3 bathroom AcreageSemi-rural with 4 parking spaces. The property has a land size of 5ac. The place is currently for sale with GELLIBRAND PROPERTY GROUP.

Building Type
AcreageSemi-rural
Land Size
5ac

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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 2,221 properties. Over the last 5 years, Houses in Ballan have seen a 24.71% increase in median value, while Units have seen a 26.62% increase. As at 31 October 2024:

  • The median value for Houses in Ballan is $641,404 while the median value for Units is $431,303.
  • Houses have a median rent of $450 while Units have a median rent of $398.
There are currently 37 properties listed for sale, and 1 property listed for rent in Ballan on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Ballan.

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Michael Dalton
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