FOR SALE

483 Old Melbourne Road
Ballan VIC 3342

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 75800m2
This property is currently on the market
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Property Details for 483 Old Melbourne Rd, Ballan

483 Old Melbourne Rd, Ballan is a 0 bedroom, 0 bathroom House. The property has a land size of 75800m2.This Property is currently listed for sale with Westside Realty Group

Building Type
House
Land Size
75800m2
Local Government
Moorabool
Lot/Plan
2/PS431329

Last Listing description (May 2024)

An ideal landbanking opportunity on the edge of the Ballan Urban Growth Zone.

Features:

- 7.58 Hectares approx. flat land area

- Rural Living Zone

- 20,000 litre water tank

- Close to freeway access

- One hour approx. to Melbourne CBD

- Close to Ballan railway station

- Corner block with two side access

The property is only 4.6 km out of the Ballan town centre which has all key amenities facilities. This includes childcare, an IGA supermarket, train station, medical centre, cafes, sports clubs and a beautiful golf course.

With clear instructions to sell the owners would consider all reasonable offers.

A rare & unique opportunity that won't last long- Offers invited!

Don't hesitate, or it may be too late, for further details or to inspect contact: Vivek on 0450 683 531

Due diligence checklist for home and residential property buyers http://www.consumer.vic.gov.au/duediligencechecklist

Disclaimer: Faade & photos for illustrated purposes only
Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Leader Real Estate Agency takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

Property History for 483 Old Melbourne Rd, Ballan, VIC 3342

A timeline of how this property has performed in the market
Last Sold
$1,215,000
04 Aug 2021
  • 04 Aug 2021
    Sold for $1,215,000
  • 21 Apr 2021
    Listed for Sale $1,390,000 - Settlement 120 Days
  • 27 Mar 2015
    Listed for Sale FROM $399,000
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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 2,211 properties. Over the last 5 years, Houses in Ballan have seen a 24.51% increase in median value, while Units have seen a 9.39% increase. As at 31 August 2024:

  • The median value for Houses in Ballan is $636,119 while the median value for Units is $381,535.
  • Houses have a median rent of $450 while Units have a median rent of $390.
There are currently 40 properties listed for sale, and 3 properties listed for rent in Ballan on OnTheHouse. According to CoreLogic's data, 72 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.