SOLD
Sold on 28 Jun 2024 for $540,000

4/55 Simpson Street
Ballan VIC 3342

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 283m2
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Property Details for 4/55 Simpson St, Ballan

4/55 Simpson St, Ballan is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 283m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Ballan in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
130m2
Land Size
283m2
Local Government
Moorabool
Lot/Plan
4/PS738299

Last Listing description (September 2020)

* Master bedroom with WIR and ensuite (shower, toilet, vanity)
* Other 2 bedrooms with BIR's
* Kitchen with S/S appliances including gas cooktop, electric oven and dishwasher

* Adjoining dining area with sliding door access to yard
* Main bathroom with shower, bath, vanity and separate toilet
* Laundry with storage
* Ducted heating and split system heating and cooling
* Double garage with remote door

INTERNAL PHOTOS STILL TO COME.

As directed by the REIV, the following guidelines apply to any person(s) entering a property for an inspection:
Provide your name and contact information upon entry
Observe social distancing guidelines
Obey instructions from the Estate Agency representatives
Leave the property if requested to do so by the Estate Agency representatives; and
Not touch surfaces or door handles without direct supervision by the Estate Agency representation.

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Property History for 4/55 Simpson St, Ballan, VIC 3342

A timeline of how this property has performed in the market
Last Sold
$540,000
28 Jun 2024
Listed for Rent
$360/w
24 Jul 2020
  • 28 Jun 2024
    Sold for $540,000
  • 05 Aug 2021
    Sold for $450,000
  • 24 Jul 2020
    Listed for Rent $360 / week
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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 2,208 properties. Over the last 5 years, Houses in Ballan have seen a 24.73% increase in median value, while Units have seen a 31.07% increase. As at 30 September 2024:

  • The median value for Houses in Ballan is $631,801 while the median value for Units is $442,243.
  • Houses have a median rent of $460 while Units have a median rent of $393.
There are currently 39 properties listed for sale, and 2 properties listed for rent in Ballan on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Ballan.

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