SOLD
Sold on 06 Feb 2024 for $405,000

1/19 Spencer Road
Ballan VIC 3342

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 383m2
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Sold By
Mcgrath Ballan
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Property Details for 1/19 Spencer Rd, Ballan

1/19 Spencer Rd, Ballan is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 383m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Ballan in the last 12 months.

Building Type
Unit
Land Size
383m2
Local Government
Moorabool
Lot/Plan
1/PS647610

Last Listing description (April 2024)

Nestled within the picturesque town of Ballan, this inviting 3-bedroom unit, situated in a peaceful complex of four, seamlessly blends comfort with convenience.

Discover quality with these locally built, great quality units! Unit 1, sitting at the front of the complex on a 383m2 block is this great opportunity to downsize or invest!
The carpeted living area sets the tone for comfort, while bedrooms feature plush carpeting and communal spaces showcase stylish vinyl plank flooring.

The master bedroom boasts a walk-in robe and ensuite with toilet, single vanity and shower. The remaining two bedrooms include large built in robes with sliding doors for ample storage.
Ceiling fans in all bedrooms, along with an additional one in the living room, ensure optimal comfort. Stay cosy year-round with the living room's split system for heating and cooling.
The well-equipped kitchen, featuring a dishwasher and ample cupboard space, complements the property's functionality and style.
Located in a quiet yet accessible part of Ballan, this unit is within walking distance to local doctors, shops, and cafes. With a current rental appraisal of $400 per week, this makes a perfect investment opportunity.
Whether you're a first-time buyer or expanding your portfolio, this unit offers a perfect balance of tranquillity and convenience. Contact Jacqui on 0411 065 339 or Amanda on 0431 387 323 for more details or to schedule a viewing.

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Property History for 1/19 Spencer Rd, Ballan, VIC 3342

A timeline of how this property has performed in the market
Last Sold
$405,000
06 Feb 2024
  • 06 Feb 2024
    Sold for $405,000
  • 11 Dec 2023
    Listed for Sale $420,000

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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.

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