FOR SALE

50 Gillespies Lane
Ballan VIC 3342

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 183m2
Land area: 20360m2
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Property Details for 50 Gillespies Lane, Ballan

50 Gillespies Lane, Ballan is a 3 bedroom, 2 bathroom House and was built in 1970. The property has a land size of 20360m2 and floor size of 183m2.This Property is currently listed for sale with Raine & Horne Land Victoria

Building Type
House
Year Built
1970
Floor Size
183m2
Land Size
20360m2
Local Government
Moorabool
Lot/Plan
16~3/PP2709

Last Listing description (November 2024)

Raine and Horne Land Victoria is delighted to offer this beautiful house with 3 bedrooms on 5 Acres of land. The House has three spacious bedrooms and two bathrooms. Furthermore a working shed, paddocks and well maintained . If you're in the market for that perfect all-around property then look no further than this.
Direct access to the Western Freeway and a less than four-minute drive to Ballan township are prime features of this property.

Currently, this property is featuring comfortable 3 Bedroom house with ample storage and also generating rental income of $700 per week.

Key features
• 1 minute drive to Western freeway
• 4 minutes' drive to Ballan PTV station with train services to Ballarat and western suburbs all the way to Melbourne CBD.
• 2.2 Km to Ballan township which comprises Ballan medical center, Mecwacare aged care facility, Primary schools, cafes, country grocers, local
shops, post office, Bendigo bank and other amenities.
• Less than half an hour drive to major Woodgrove shopping center in Melton featuring prudent retailers such as Dan Murphys, JB Hifi, Harris
Scarfe, Flight center, Kathmandu, Rebel, Connor, Chemist Warehouse, Reading cinemas, major banks, restaurants and many more.
• Less than half an hour drive to Ballarat base hospital and Federation university Australia Ballarat campus.

For Further & Better Particulars Contact

Harry Sandhu: 0474 820 666

Gurpreet Khosa: 0422 947 528

DISCLAIMER: All stated dimensions are approximate only and all photos are for illustration purposes only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Due Diligence Checklist -http://www.consumer.vic.gov.au/duediligencechecklist.

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Property History for 50 Gillespies Lane, Ballan, VIC 3342

A timeline of how this property has performed in the market
Last Sold
$1,400,000
28 Feb 2023
Listed for Rent
$650/w
28 Aug 2024
  • 28 Aug 2024
    Listed for Rent $650 / week
  • 04 Jul 2024
    Listed for Sale Contact Agent
  • 07 May 2024
    Listed for Rent $650 / week
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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 2,223 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:

  • 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 39 properties listed for sale, and 2 properties listed for rent in Ballan on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Ballan.

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