OFF MARKET

5508 Geelong-Ballan Road
Ballan VIC 3342

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 199m2
Land area: 800m2
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Property Details for 5508 Geelong-Ballan Rd, Ballan

5508 Geelong-Ballan Rd, Ballan is a 0 bedroom, 0 bathroom House and was built in 2020. The property has a land size of 800m2 and floor size of 199m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
2020
Floor Size
199m2
Land Size
800m2
Local Government
Moorabool
Lot/Plan
2/LP203803

Last Listing description (March 2024)

Tucked away within a quiet cul-de-sac, the 800sqm parcel of land presents an ideal canvas for your dream home. With a generous 29.63m wide frontage, the property provides ample space for versatile design possibilities.

This prime piece of real estate comes fully equipped with all services available, ensuring a seamless and hassle-free development process. Nestled in the serene locale of Ballan, 5508 Geelong-Ballan Road offers a prime residential opportunity within a short drive to the charming Ballan township. Boasting direct freeway access to both Melbourne and Ballarat, this property seamlessly combines convenience with tranquility.

Whether you envision a spacious family home or a custom-designed dwelling, this property offers the perfect foundation for your aspirations. Don't miss the chance to create your haven in this peaceful enclave with easy access to urban amenities and natural beauty.

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligencechecklist.

Property History for 5508 Geelong-Ballan Rd, Ballan, VIC 3342

A timeline of how this property has performed in the market
Last Sold
$690,000
21 Sep 2018
  • 06 Jun 2019
    Listed for Sale PRICES STARTING FROM $235,000.00
  • 21 Sep 2018
    Sold for $690,000
  • 03 Apr 2018
    Listed for Sale Not Disclosed
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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 36 properties listed for sale, and 4 properties listed for rent in Ballan on OnTheHouse. According to CoreLogic's data, 81 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.