2147 Grand Ridge RoadBalook VIC 3971
Property Details for 2147 Grand Ridge Rd, Balook
Last Listing description (August 2014)
Grand Ridge Retreat on 1.5 acres
Former property knows as 'IONAn7 bedroom dormitory all with en suite bathrooms. Kitchen and lounge room living areas. Plus separate care takers residence with commercial kitchen, dining room, seminar room and large games room with combustion wood heater. This property would suite community or club groups, or potential for a B & B. Great mountain views, located on a sealed road, only a few kilometres from Tarra Valley and Ballook. National parks at your doorstep.
Additional feature/s - Land area: Land Area Ha: 0.61 Property Type: House.
Property History for 2147 Grand Ridge Rd, Balook, VIC 3971
- 14 Dec 2013Listed for Sale $325,000
- 19 Sep 2012Listed for Sale $325,000
- 27 Mar 1997Sold for $9,000
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About Balook 3971
The size of Balook is approximately 37.3 square kilometres. It has 3 parks covering nearly 78.9% of total area. The population of Balook in 2006 was 590 people. By 2011 the population was 477 showing a population decline of 19.2% in the area during that time. The predominant age group in Balook is 50-59 years. Households in Balook are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Balook work in a managers occupation. In 2006, 87.8% of the homes in Balook were owner-occupied compared with 87% in 2011..
Balook has 19 properties. Over the last 5 years, Houses in Balook have seen a 125.47% increase in median value, while Units have seen a 284.90% increase. As at 31 August 2024:
- The median value for Houses in Balook is $411,421 while the median value for Units is $294,612.
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