A prime 9.23 hectare right in the heart of Ballandean, first time offered, the land is cleared, has 2 good dams, 2 road access, plus a 15m x 7m powered steel framed machinery shed, and has had prior approval for subdivision. With major wineries and vineyards in the area, this block offers the astute investor a golden opportunity to tap into the growing tourist market. For sale at $750,000 plus GST.
The size of Ballandean is approximately 199.3 square kilometres. It has 3 parks covering nearly 0.2% of total area. The population of Ballandean in 2011 was 466 people. By 2016 the population was 341 showing a population decline of 26.8% in the area during that time. The predominant age group in Ballandean is 60-69 years. Households in Ballandean are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballandean work in a managers occupation. In 2011, 79.4% of the homes in Ballandean were owner-occupied compared with 68.5% in 2016..
Ballandean has 220 properties. Over the last 5 years, Houses in Ballandean have seen a 90.59% increase in median value. As at 31 October 2024:
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