OFF MARKET

1/407 Old Melbourne Road
Ballan VIC 3342

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 127m2
Land area: 842m2
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Last updated 16 Dec 2024
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Property Details for 1/407 Old Melbourne Rd, Ballan

1/407 Old Melbourne Rd, Ballan is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 842m2 and floor size of 127m2.

Building Type
House
Floor Size
127m2
Land Size
842m2
Local Government
Moorabool

Last Listing description (March 2019)

With the rapid growth of Ballan have you considered securing an investment property? If so then this may just be what you have been searching for!
With a long term tenancy in place, This brick home offers 3 bedrooms all with BIR's and large open living dining with the bonus of a spacious kitchen. The home is part of a subdivision and once complete will leave you with a nice size block of appx 842M2 and a great tenancy!
What are you waiting for?

Property History for 1/407 Old Melbourne Rd, Ballan, VIC 3342

A timeline of how this property has performed in the market
  • 20 Jul 2018
    Listed for Sale Not Disclosed

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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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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.