FOR SALE
Sale by Deadline - Guide $950,000 to $1,050,000

465 Ballan-Greendale Road
Ballan VIC 3342

Bedrooms: 4
Bathrooms: 2
Car spaces: 14
Land area: 12ha
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"Landale Park Stud" - Possibly Victoria's Best Value Farm!

Possibly the best value for money "Country Lifestyle Farm" on the market in Victoria right now, we're considering crowd controllers to manage inspection numbers!
"Landale Park Stud" is located a short distance west of Melbourne, on the Daylesford side of the Western Highway, just 4km* from the township of Ballan. At around 12.14* hectares / 30* acres and zoned farming, the property has been used for thoroughbred agistment and cattle production.
ROLL UP THE SLEEVES, THERE'S WORK TO BE DONE!
Tidy and in need of some TLC, this farm including the solid 4 bedroom brick veneer home, some of the outbuildings and farm infrastructure will require an upgrade but the foundation for significant upside is easy to see.
THE 'LANDALE PARK STUD' HOMESTEAD
Rock solid and overlooking Greendale's Mt. Blackwood Summit to the east, the brick veneer home on concrete slab with return verandah consists of 4 bedrooms plus a study.
The double door entrance leads to a formal lounge with combustion wood fire. The formal lounge's windows face the north-east which provides a wonderful view across the property's cottage garden, dam and front paddock.
The formal lounge flows through to the billiard room and separate study.
The kitchen and meals area are open plan by design and sliding glass doors provide access to the rear of the home and a pathway to the workshop and stable complex at the rear of the property. Bedrooms including the main bedroom with WIR and ensuite are accessed by a central hallway. The main bathroom and laundry are connected via the same hallway and a separate toilet with convenient dual door access connects both rooms.
Under the main roof, and a neat surprise, is the enclosed dual car shed that has been converted into a large rumpus room complete with combustion wood heater. Located on the northern side of the home, windows provide excellent natural light and a pleasant view across gardens and the farm.
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Property Details for 465 Ballan-Greendale Rd, Ballan

Building Type
Rural
Land Size
12ha

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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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