FOR SALE
Contact Agent

5484 Geelong-Ballan Road
Ballan VIC 3342

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2.88ac
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

ATTENTION: ALL DEVELOPERS, SAVVY INVESTORS & LAND BANKERS

Whether you want to capitalize the value of land by subdividing it into 12 lots (Subject to council approval) or you want to enjoy the larger-than-life countryside living while banking the capital growth, THIS IS FOR YOU!!
Subdivision allows you to make the best out of "High demand short supply" housing scenario in Victoria.
Direct access to the Western Freeway and a less than four-minute drive to Ballan township are prime features of this developable land.
Currently, this property is featuring comfortable 4 Bedroom house with ample storage and also generating rental income of $660 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
See MoreView Statement of Information

Property Details for 5484 Geelong-Ballan Rd, Ballan

Building Type
Land
Land Size
2.88ac

Commute Calculator

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.

Ballan Profile Page

Suburb Insights for Ballan 3342

Visit Ballan profile page
Market Insights
Ballan Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Ballan Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Ballan profile page
Contact agent
Harvir Hans
Show contact details
Call agent
Talwinder Dahiya
Show contact details
Call agent
Raine & Horne Land Victoria
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED