OFF MARKET

8 Mcmahon Drive
Ballan VIC 3342

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 248m2
Land area: 773m2
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Property Details for 8 Mcmahon Dr, Ballan

8 Mcmahon Dr, Ballan is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 773m2 and floor size of 248m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
2015
Floor Size
248m2
Land Size
773m2
Local Government
Moorabool
Lot/Plan
18/PS707044

Last Listing description (July 2017)

Located in popular Highlands Estate, Ballan, with quality neighbouring homes, walking distance to school, supermarket, banks and rail.
This residence features size in all corners. On 773m2 and just over 1 year old, formal lounge & entry, huge stunning kitchen meal family, walk in pantry that flows to covered outdoor alfresco area providing gas point for the BBQ. A feature of this residence must be the Master bedroom dress & powder area, huge bed space, large walk in His/Hers robe, en-suite 'BIG' shower ideal for wheelchair (if a requirement), other bedrooms with one offering walk-in-robe. 3 toilets in total, walk in linen storage, central ducted heating, evaporative cooling, double garage provides internal access and let's not forget the theatre room - now that's relaxing.
And more - High ceiling height, double glazed door and windows. Again, size will impress. (Note: currently 3 living areas featuring possible theatre room and formal lounge/sitting room could be possible study or 4th bedroom).

Ballan provides a real village appeal for a relaxed lifestyle.

Property History for 8 Mcmahon Dr, Ballan, VIC 3342

A timeline of how this property has performed in the market
Last Sold
$500,000
24 May 2017
  • 24 May 2017
    Sold for $500,000
  • 13 Aug 2016
    Listed for Sale Price Reduced $514,000
  • 27 Jul 2013
    Sold for $130,000

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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.