5/403 Old Melbourne RoadBallan VIC 3342
Property Details for 5/403 Old Melbourne Rd, Ballan
5/403 Old Melbourne Rd, Ballan is a 3 bedroom, 2 bathroom Unit and was built in 2020. The property has a land size of 297m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (June 2024)
This lovely low maintenance home within easy walking access to the heart of town is sure to impress and is a great opportunity for first home buyers, downsizers or could be a great investment opportunity.
The property boasts
- 3 Bedrooms main with ensuite and walk in robe
- Open plan living with Split System and Central Heating
- Well appointed kitchen with gas cook top
- Good size laundry
- Outdoor verandah with a private fenced courtyard which is easy to maintain.
- Single lock up garage with door to home
- The property has been returning a rental income of $410 per week.
Inspection is a must!
Contact joe@mcfallrealestate.com.au
Property History for 5/403 Old Melbourne Rd, Ballan, VIC 3342
- 04 Mar 2024Listed for Sale $520,000
- 01 Oct 2020Sold for $390,000
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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 2,224 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.
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