SOLD
Sold on 02 May 2024 for $440,000

4/59 Simpson Street
Ballan VIC 3342

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 190m2
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Property Details for 4/59 Simpson St, Ballan

4/59 Simpson St, Ballan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1865. The property has a land size of 190m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Ballan in the last 12 months.

Building Type
Unit
Year Built
1865
Floor Size
87m2
Land Size
190m2
Local Government
Moorabool
Lot/Plan
4/PS605512

Last Listing description (August 2021)

This 2 bedroom brick unit is positioned in one of Ballan's most central and popular streets in a quiet complex of 4 units. Offering 2 bedrooms, both with BIR's, the bathroom with shower, vanity and toilet. The front lounge flows through to a well appointed kitchen/ dining area with gas cook top, electric oven along with a dishwasher and great bench space. Add to this a private enclosed courtyard with a single lock up garage and a short stroll to all amenities Ballan has to offer. This property has previously been a rental investment and has always been well maintained and had very minimal vacancy times.

Property History for 4/59 Simpson St, Ballan, VIC 3342

A timeline of how this property has performed in the market
Last Sold
$440,000
02 May 2024
Listed for Rent
$265/w
22 May 2020
  • 02 May 2024
    Sold for $440,000
  • 20 Jul 2021
    Sold for $375,000
  • 22 Jun 2021
    Listed for Sale Not Disclosed
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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 2,221 properties. Over the last 5 years, Houses in Ballan have seen a 24.71% increase in median value, while Units have seen a 26.62% increase. As at 31 October 2024:

  • The median value for Houses in Ballan is $641,404 while the median value for Units is $431,303.
  • Houses have a median rent of $450 while Units have a median rent of $398.
There are currently 37 properties listed for sale, and 1 property listed for rent in Ballan on OnTheHouse. According to CoreLogic's data, 81 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.