OFF MARKET

445 Old Melbourne Road
Ballan VIC 3342

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 149m2
Land area: 466m2
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Property Details for 445 Old Melbourne Rd, Ballan

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.

Building Type
House
Year Built
2023
Floor Size
149m2
Land Size
466m2
Local Government
Moorabool
Lot/Plan
2/PS829406

Last Listing description (February 2015)

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.

Property History for 445 Old Melbourne Rd, Ballan, VIC 3342

A timeline of how this property has performed in the market
Last Sold
$650,000
17 Jun 2023
Listed for Rent
$488/w
03 Oct 2023
  • 17 Jun 2023
    Sold for $650,000
  • 02 Dec 2020
    Sold for $950,000
  • 03 Mar 2015
    Sold for $355,000
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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 2,206 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 42 properties listed for sale, and 3 properties listed for rent in Ballan on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Ballan.

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