445 Old Melbourne Rd, Ballan is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2023. The property has a land size of 466m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Superb investment opportunity.
A property such as this does not become available very often. Just some of the features being main street exposure on approx. 3600m2 and a Government Gezetted road directly behind the back boundary. The rendered brick residence comprises of 3 bedrooms, a kitchenette, sitting room, sunroom, bathroom, separate toilet and laundry. A generously sized carport adjoining the rear of the home is concreted and partially enclosed, providing a great outdoors entertainment area. Complementing the home is a fully self contained, 1 bedroom studio. For the tradesman or a place to store the boys toys is an ex-shearing shed with power, approx. 13.5 x 9 meters. This is a great opportunity for the first off the mark, as this property lends itself to numerous applications (S.T.C.A), unfortunately we only have one of these types of properties available.
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 2,223 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:
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