FOR SALE
$299,000 - $328,000

5B Flack Street
Ballan VIC 3342

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 992m2
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BUILD YOUR FUTURE

Don't miss out on this incredible opportunity to secure a vacant block of land in the fast-growing town of Ballan. Boasting approximately 992m2 of prime real estate, this generously-sized lot provides the perfect foundation for your dream home or investment venture (STCA). With its expansive dimensions, you have the freedom to create a bespoke residence that suits your unique vision and lifestyle (STCA). Located in the ever-growing town of Ballan, this property offers the best of both worlds - a peaceful retreat in a thriving community. Take advantage of the town's growing popularity, excellent schools, and convenient amenities, all within easy reach. Commuters will appreciate the proximity to the Ballan train station, providing seamless access to Melbourne's CBD. Embrace the charm of Ballan living and seize this opportunity to build a remarkable address that will appreciate in value for years to come. Secure this vacant block of land today and unlock the endless possibilities it holds.
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Property Details for 5b Flack St, Ballan

Building Type
Land
Land Size
992m2

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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 2,223 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 36 properties listed for sale, and 4 properties listed for rent in Ballan on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Ballan.

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Lachlan Taffe
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Hannah Smith
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