FOR SALE
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50 Gillespies Lane
Ballan VIC 3342

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 200m2
Land area: 20332m2
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Nothing Beats Convince!!

Raine and Horne Land Victoria is delighted to offer this beautiful house with 3 bedrooms on 5 Acres of land. The House has three spacious bedrooms and two bathrooms. Furthermore a working shed, paddocks and well maintained . If you're in the market for that perfect all-around property then look no further than this.
Direct access to the Western Freeway and a less than four-minute drive to Ballan township are prime features of this property.
Currently, this property is featuring comfortable 3 Bedroom house with ample storage and also generating rental income of $700 per week.
Key features
• 1 minute drive to Western freeway
• 4 minutes' drive to Ballan PTV station with train services to Ballarat and western suburbs all the way to Melbourne CBD.
• 2.2 Km to Ballan township which comprises Ballan medical center, Mecwacare aged care facility, Primary schools, cafes, country grocers, local
shops, post office, Bendigo bank and other amenities.
• Less than half an hour drive to major Woodgrove shopping center in Melton featuring prudent retailers such as Dan Murphys, JB Hifi, Harris
Scarfe, Flight center, Kathmandu, Rebel, Connor, Chemist Warehouse, Reading cinemas, major banks, restaurants and many more.
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Property Details for 50 Gillespies Lane, Ballan

50 Gillespies Lane, Ballan is a 3 bedroom, 2 bathroom AcreageSemi-rural. The property has a land size of 20332m2 and floor size of 200m2. The place is currently for sale with Raine & Horne Land Victoria.

Building Type
AcreageSemi-rural
Floor Size
200m2
Land Size
20332m2

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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 2,224 properties. Over the last 5 years, Houses in Ballan have seen a 31.06% increase in median value, while Units have seen a 28.15% increase. As at 30 November 2024:

  • The median value for Houses in Ballan is $633,300 while the median value for Units is $428,274.
  • Houses have a median rent of $440 while Units have a median rent of $398.
There are currently 33 properties listed for sale, and 5 properties listed for rent in Ballan on OnTheHouse. According to CoreLogic's data, 83 properties were sold in the past 12 months in Ballan.

Suburb Insights for Ballan 3342

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Contact agent
Jasvir Singh Gill
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Gurpreet Khosa
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Raine & Horne Land Victoria
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.