OFF MARKET

2345 Bacchus Marsh Road
Balliang VIC 3340

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 217m2
Land area: 313999m2
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Property Details for 2345 Bacchus Marsh Rd, Balliang

2345 Bacchus Marsh Rd, Balliang is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 313999m2 and floor size of 217m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Year Built
1990
Floor Size
217m2
Land Size
313999m2
Local Government
Greater Geelong
Lot/Plan
19/PP2974

Last Listing description (June 2020)

80 acres approx flat land mixed use farming zone in Balliang with 4 bedroom house with 2 bathrooms and this land parcel is situated on Bacchusmarsh-Geelong road.Balliang has the potential to be a regionally significant hub for agribusiness and industry. Benefits include its position away from residential uses, proximity to the Bacchus Marsh Irrigation District and access to the freeway. Balliang is suited not to a single agribusiness, but rather a range of mainly vertically integrated businesses that will drive local prosperity and employment growth. Likely occupiers include meat processing, feed lot/sale-yards, mushrooms, poultry, hydroponics and associated co-located industries.As Melbourne grows to an expected population of seven to eight million people by 2050, it will need at least 60 per cent more food and research shows that if the citys footprint continues to grow, population growth and urban sprawl will reduce the capacity of Melbournes food bowl to meet the citys food needs from 41 per cent to around 18 per cent by 2050.Government is working with Breamlea and Balliang communities to develop business cases on the opportunities to use recycled water from Melbourne and Geelong. The greatest opportunity for development is at Balliang on the back of Western Waters Melton recycled water plant, which processes 40,000 megalitres of Class A water annually.The recycled water plant at Black Rock has the capacity to produce 18 gigalitres of recycled water a year looking for opportunities to expand on the back of strong growth in domestic and export demand for agribusiness & hydroponics.Whats nearby?- Riordan Fuels Balliang | 5 minute drive- Balliang East Primary School | 8 minute drive- Bacchus Marsh Grammar | 18 minute drive- Bacchus Marsh Secondary School | 18 minute drive- Bacchus Marsh Station | 18 minute drive- Bacchus Marsh Shopping Centre | 19 minute drive- Little River | 19 minute drive- Lara | 10 minute drive- Avalon Airport | 24 minute drive- Geelong 25 min (Approx.)- Wyndham Vale | 20 minutes drive- Werribee | 29 minute drive- Pacific Werribee Shopping Centre | 33 minute driveDISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vend

Property History for 2345 Bacchus Marsh Rd, Balliang, VIC 3340

A timeline of how this property has performed in the market
Last Sold
$2,450,000
05 Dec 2019
  • 05 Dec 2019
    Sold for $2,450,000
  • 22 Aug 2019
    Listed for Sale Contact Agent
  • 19 Nov 2018
    Listed for Sale Contact Agent
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About Balliang 3340

The size of Balliang is approximately 183.9 square kilometres. It has 1 park covering nearly 14.1% of total area. The population of Balliang in 2011 was 243 people. By 2016 the population was 294 showing a population growth of 21.0% in the area during that time. The predominant age group in Balliang is 10-19 years. Households in Balliang are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Balliang work in a managers occupation. In 2011, 81.7% of the homes in Balliang were owner-occupied compared with 82.8% in 2016..

Balliang has 187 properties. Over the last 5 years, Houses in Balliang have seen a 111.38% increase in median value. As at 30 November 2024:

  • The median value for Houses in Balliang is $1,118,929.
There are currently 7 properties listed for sale, and no properties listed for rent in Balliang on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Balliang.

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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.