OFF MARKET

3/393 Old Melbourne Road
Ballan VIC 3342

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 486m2
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Last updated 16 Dec 2024
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Property Details for 3/393 Old Melbourne Rd, Ballan

3/393 Old Melbourne Rd, Ballan is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 486m2.

Building Type
Unit
Land Size
486m2
Local Government
Moorabool

Last Listing description (March 2021)

As these fine selection of units draw closer to completion (1 sold, 2 others are currently under contract), we encourage your immediate attention.
Unit 3 offers 486sqm, great yard size for a vegie patch. Three bedrooms with ensuite and WIR to master bedroom. Kitchen, meals, family room, lounge and double garage with access to inside for safer entry. The grounds will be smartly landscaped over the next few weeks and fencing completed (as required).
Note: Owner Corporation applies.

Please note front shot of property will be different (this photo is of Unit no. 1). Floor plan provided is reversed also.

Property History for 3/393 Old Melbourne Rd, Ballan, VIC 3342

A timeline of how this property has performed in the market
  • 17 Jun 2020
    Listed for Sale $428,500

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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.