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Sold on 17 Oct 2024 for $620,000

1 Mcmahon Drive
Ballan VIC 3342

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 766m2
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Property Details for 1 Mcmahon Dr, Ballan

1 Mcmahon Dr, Ballan is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 766m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in Ballan in the last 12 months.

Building Type
House
Land Size
766m2

Last Listing description (October 2024)

Located in a peaceful sought after neighbourhood, this impressive 10-year-old home, built by Bright Homes, offers comfort, convenience and low maintenance on nearly 800m² of land. Boasting four well-sized bedrooms and two modern bathrooms, it's perfect for families or those who enjoy extra space. The master bedroom features a walk-in robe and a private ensuite, while the other bedrooms are equipped with built-in robes for ample storage.

The modern kitchen, complete with an island bench overlooking the dining area, is a chef's delight. Equipped with a 900mm gas cooktop, electric oven, and dishwasher, it seamlessly flows into the expansive outdoor entertaining space. This outdoor area can be enclosed with one-way zip-track blinds and features ceiling fans and a gas heater, making it perfect for year-round use.

The home also includes ducted heating, split system cooling, and stylish hybrid plank flooring throughout the open living areas, ensuring comfort and style. Outside, the backyard presents a neat blank canvas, ready for landscaping to your taste or leave as is for a great open play space for the kids and family friends. It comes with 2 adjoining garden sheds complete with concrete flooring and a smaller storage shed for extra convenience.

With a double remote garage with rear access, offering direct internal access, this home ticks all the boxes for modern living, space, and exceptional outdoor entertaining.
Property is perfect for a range of buyers. Whether your a first home buyer looking to get into the market, investor wanting to add a steady income stream to your portfolio or even a retiree looking to settle down into a quiet township with plenty of amenities within walking distance.

Ballan is a delightful hamlet with plenty of cafes, restaurants, parklands, sporting facilities, medical centre, a supermarket and school, as well as a train station that connects you to the heart of Melbourne, all within walking distance of this home.

Ballan is a 10 minutes drive to Gordon, 20 minutes to Bacchus Marsh, 25 minutes to Ballarat, 60 minutes Melbourne by car or catch the 1hr train ride to the centre of Melbourne.

Ballarat's Best-Selling Team.

Property History for 1 Mcmahon Dr, Ballan, VIC 3342

A timeline of how this property has performed in the market
Last Sold
$620,000
17 Oct 2024
Listed for Rent
$350/w
11 Jul 2016
  • 17 Oct 2024
    Sold for $620,000
  • 03 Oct 2024
    Listed for Sale $599,000 - $639,000
  • 05 Jun 2016
    Listed for Rent - Price not available
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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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Jake Clark
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Felicity Clark
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PRD Real Estate Ballarat
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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.