OFF MARKET

1 Coleraine Road
Balmoral VIC 3407

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 69306m2
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Property Details for 1 Coleraine Rd, Balmoral

Building Type
Land
Land Size
69306m2
Local Government
Southern Grampians

Last Listing description (November 2016)

Total of 10.7 Ha / 26 Acres within town boundary.
Purchase 1 block or purchase all 6 blocks at a discounted price.
Unique opportunity to purchase acres on 6 titles within the town boundary with Lot 1 having access to town water, power and telephone at front fence.

This property would make a great location for a new home (STCA) and also features two catchment dams with a lovely rural aspect.
From the road the land gently slopes down towards the back with scenic views over the property, which has a great mix of big red gum trees, good soils and new fencing.
The property also has unused road licences leased by owner adding approx another 3 acres Balmoral is historical town located close to Rocklands reservoir, a major freshwater fishing & water skiing location.
The Township of Balmoral has acess to good services for a small country town, including modern school facilities.
Lot 1: approx 3 acres $47,000
Lot 2: approx 3 acres $37,000
Lot 3: approx 3 acres $25,000
Lot 4: approx 3 acres $22,000
Lot 5: approx 2 acres $19,000
Lot 6: approx 2 acres $19,000

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Property History for 1 Coleraine Rd, Balmoral, VIC 3407

A timeline of how this property has performed in the market
  • 15 Apr 2015
    Listed for Sale from $19,000 - $47,000

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About Balmoral 3407

The size of Balmoral is approximately 242.8 square kilometres. It has 3 parks covering nearly 6.6% of total area. The population of Balmoral in 2011 was 330 people. By 2016 the population was 305 showing a population decline of 7.6% in the area during that time. The predominant age group in Balmoral is 50-59 years. Households in Balmoral are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Balmoral work in a managers occupation. In 2011, 74.6% of the homes in Balmoral were owner-occupied compared with 86.7% in 2016..

Balmoral has 255 properties. Over the last 5 years, Houses in Balmoral have seen a 69.84% increase in median value. As at 31 October 2024:

  • The median value for Houses in Balmoral is $164,267 while the median value for Units is $343,325.
There are currently 1 property listed for sale, and no properties listed for rent in Balmoral on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Balmoral.

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