OFF MARKET

2575-2695 Bacchus Marsh Road
Balliang VIC 3340

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 767925m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 2575-2695 Bacchus Marsh Rd, Balliang

Building Type
Land
Land Size
767925m2
Local Government
Greater Geelong
Lot/Plan
8~1/PP2049

Last Listing description (December 2020)

https://www.weeklytimesnow.com.au/news/victoria/coalition-makes-bid-to-build-new-irrigated-horticulture-zones-at-balliang-and-black-rock/news-story/c4952e3401f5146a365cfc0e370c8f4e?nk=b0e18c16741b5cf01a0e8f08b91223b6-1553667257

https://www.stephryan.com.au/liberal_nationals_securing_water_to_boost_victoria_s_food_production


http://www.westernwater.com.au/files/assets/public/documents/fact-sheets-and-brochures/win-project/win-project-update-may-2018.pdf

GREAT INVESTMENT OPPORTUNITY Land Banker will absolutely love it.
Reliance Real Estate is proud to present 87 acres approx flat land mixed use farming zone in Balliang 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.

Property History for 2575-2695 Bacchus Marsh Rd, Balliang, VIC 3340

A timeline of how this property has performed in the market
  • 26 Mar 2019
    Listed for Sale Contact Agent
  • 19 Oct 2018
    Listed for Sale Not Disclosed
  • 18 Jun 2018
    Listed for Sale Contact Agent

Commute Calculator

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 186 properties.

    There are currently 5 properties listed for sale, and no properties listed for rent in Balliang on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Balliang.

    Suburb Insights for Balliang 3340

    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend


    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend


    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    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.