OFF MARKET

4/397 Old Melbourne Road
Ballan VIC 3342

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 606m2
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Property Details for 4/397 Old Melbourne Rd, Ballan

4/397 Old Melbourne Rd, Ballan is a 0 bedroom, 0 bathroom Unit. The property has a land size of 606m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Land Size
606m2
Local Government
Moorabool
Lot/Plan
4/PS522776

Last Listing description (July 2022)

Situated in the ever-expanding township of Ballan with its prime positioning is this chance to own a unit in a well-established complex. The kitchen/dining is fair in size, the master has an ensuite and you have two extra bedrooms. Large lounge area can be enjoyed by the whole family and friends! Outside you will find a great sized block with lots of lawn area to enjoy while maintain your privacy. As a bonus you also have a double car garage with access to inside. Close to Main Street, shops, cafes, bakery's, sporting facilities/reserves, schools and more. If you want to be a part of this magnificent town, get in touch today.

Property History for 4/397 Old Melbourne Rd, Ballan, VIC 3342

A timeline of how this property has performed in the market
Last Sold
$475,000
31 May 2022
  • 18 Jul 2022
    Listed for Sale $475,000
  • 31 May 2022
    Sold for $475,000
  • 29 Mar 2009
    Sold for $245,000
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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.

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.