Located in the idyllic country hamlet of Lal Lal, this 12.1 acre (4.933 Hectare) land holding offers a wonderful opportunity to develop your dream home. The pastured land is fully fenced and enjoys a gentle elevation with a stand of native trees at the top corner of the property. An electricity pit is ready to go - located on the side boundary of the land. Offering easy access to Ballarat, Buninyong, Melbourne and Geelong - this is a very rare opportunity to buy an acreage land holding in this tightly held location. The property is accessible by a well maintained shared access road that positions the property in a quiet and secluded block. Access through the post and rail entrance to find the block at the end of the driveway. To arrange your viewing please contact Phil Hayward on 0419 107 112.
The size of Lal Lal is approximately 66.6 square kilometres. It has 1 park covering nearly 14.1% of total area. The population of Lal Lal in 2011 was 600 people. By 2016 the population was 470 showing a population decline of 21.7% in the area during that time. The predominant age group in Lal Lal is 50-59 years. Households in Lal Lal are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lal Lal work in a trades occupation. In 2011, 94.5% of the homes in Lal Lal were owner-occupied compared with 94.9% in 2016..
Lal Lal has 349 properties. Over the last 5 years, Houses in Lal Lal have seen a 118.22% increase in median value, while Units have seen a -62.49% decrease. As at 30 November 2024:
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