FOR SALE

32 Gillespies Lane
Ballan VIC 3342

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 163m2
Land area: 19864m2
This property is currently on the market
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Property Details for 32 Gillespies Lane, Ballan

32 Gillespies Lane, Ballan is a 0 bedroom, 0 bathroom House and was built in 1920. The property has a land size of 19864m2 and floor size of 163m2.This Property is currently listed for sale with Real Core Properties

Building Type
House
Year Built
1920
Floor Size
163m2
Land Size
19864m2
Local Government
Moorabool
Lot/Plan
1/TP837719

Last Listing description (December 2024)

Vivek Vyas and Anshul Trivedi from Milestone Real Estate - West proudly presents this parcel of 19864 sqm approx. 5 acres ~ 1.99 ha with existing dwelling currently rented and incredible potential as located in the heart of Ballan near to Ballan Strategic Plan Structure. This property is just near the city centre of Ballan, train station, shops, medical facilities, and major highways providing easy access to Ballarat and Melbourne.

The site features an existing dwelling with a 3-bedroom home. Ballan is a popular location, known for its community charm and picturesque surroundings, providing a perfect blend of rural tranquillity and urban convenience. The property's proximity to the Ballan train station further makes it an easy commute to Melbourne CBD.

If you're looking for a sizable piece of land to add to your investment portfolio, this parcel could be an excellent opportunity for you. Located in a desirable area, this land is ideal for an investor looking to redevelop STCA and, land banking, a smart investment strategy that can provide significant returns in the long run and secure a prime piece of real estate in the flourishing town of Ballan.

Contact Vivek Vyas on 0425 498 055 for further information.

*DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
ALL PICTURES ARE FOR ILLUSION PURPOSE ONLY.

Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Property History for 32 Gillespies Lane, Ballan, VIC 3342

A timeline of how this property has performed in the market
Last Sold
$1,450,000
07 Apr 2022
Listed for Rent
$650/w
05 Aug 2024
  • 03 Dec 2024
    Listed for Sale Contact Vivek Vyas on 0425 498 055
  • 03 Jul 2024
    Listed for Rent $650 / week
  • 28 Jun 2024
    Listed for Sale Contact Agent
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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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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.