302 Five Ways RoadBalmoral VIC 3407
Property Details for 302 Five Ways Rd, Balmoral
Last Listing description (September 2022)
This auction provides an excellent opportunity to secure a property that has been managed, maintained and improved to a high standard. Immediately enter and reap the benefits from years of dedicated personal and professional development of this property
Main Property Features
600mm rainfall area
4 Bedroom family home
3 stand raised board shearing shed & yards, cattle yards (recently updated) with B-double access
Currently running 2250 cross bred ewes, averaging 130% marked lambs and 20 cows & calves
Watered by catchment dams & troughs, town water in addition connected.
22,000gal rainwater storage
Significant fertiliser and pasture renovation and some cropping history
Convenient access to weekly sheep and cattle markets
Terms: 10% upon signing of contract, balance 1/02/2022 (or earlier by mutual agreement)
To appreciate what this property has to offer, book your inspection today - by appointment only with selling agent.
All inspections subject to COVID-19 restrictions
Property History for 302 Five Ways Rd, Balmoral, VIC 3407
- 30 Sep 2021Sold for $3,011,670
- 30 Sep 2021Sold for $3,371,344
- 07 Sep 2021Listed for Sale POA
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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.
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