OFF MARKET

2525 Ballarto Road
Cardinia VIC 3978

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 210140m2
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Property Details for 2525 Ballarto Rd, Cardinia

Building Type
Land
Land Size
210140m2
Local Government
Cardinia
Lot/Plan
1/TP339163

Last Listing description (December 2022)

Knight Frank is delighted to present this exceptional land banking opportunity to the market.

This rural property offers exceptional strategic value to its purchasers, with the ability to rent out the current premise and fields or occupy.

Current improvements to the land include a well maintained 4 bedroom, 2 bathroom home with a double lock up garage along with a large shed of approximately 400sqm containing a cool room and storage for crops.

The property is currently located within the Green Wedge Zone - Schedule 1 while being within minutes of a number of Urban Growth Zones and PSP's including Cardinia Creek South PSP, Pakenham South Employment PSP and Officer South Employment PSP.
Key Features Include:
- 210,000 sqm (52 acres) total land area (approx.)
- Green Wedge Zone - Schedule 1
- Vacant possession offering
- Includes existing house and multiple storage sheds
- 274m* Frontage on Ballarto Road

For Sale via EOI closing Thursday, 17 November at 12pm (AEDT).

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Property History for 2525 Ballarto Rd, Cardinia, VIC 3978

A timeline of how this property has performed in the market
  • 17 Oct 2022
    Listed for Sale Contact Agent

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About Cardinia 3978

The size of Cardinia is approximately 27 square kilometres. The population of Cardinia in 2011 was 448 people. By 2016 the population was 383 showing a population decline of 14.5% in the area during that time. The predominant age group in Cardinia is 50-59 years. Households in Cardinia are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cardinia work in a trades occupation. In 2011, 76.9% of the homes in Cardinia were owner-occupied compared with 82.3% in 2016..

Cardinia has 172 properties. Over the last 5 years, Houses in Cardinia have seen a 14.09% increase in median value, while Units have seen a 150.89% increase. As at 30 November 2024:

  • The median value for Houses in Cardinia is $1,071,461 while the median value for Units is $1,048,794.
There are currently 5 properties listed for sale, and no properties listed for rent in Cardinia on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Cardinia.

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