Rare and affordable offering, selling as One, Two parcels consisting of Seven separate titles with a total area of approximately 6171M2 (1.52 Acres). Parcel One Six of the allotments (Approx 5564M2 - Allotments 4 to 9 Parish of Amherst) are situated on South side of Ballarat Maryborough Road and are zoned Low Density Residential with mains water connected to allotment 9 and underground mains power pit nearby to the North Western boundary of Allotment 4. Elevated and mainly cleared offer scope for the development of one or possibly two dwellings (STCA). Thrown in as a bonus is a separate title (Allotment 10) situated on the North side of Ballarat Maryborough Road which is approximately 607M2 in size is zoned Rural Living Zone and could be utilised for grazing agistment, long-term land bank investment.
The size of Talbot is approximately 32.5 square kilometres. It has 2 parks covering nearly 11.2% of total area. The population of Talbot in 2011 was 714 people. By 2016 the population was 439 showing a population decline of 38.5% in the area during that time. The predominant age group in Talbot is 50-59 years. Households in Talbot are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Talbot work in a labourer occupation. In 2011, 86.4% of the homes in Talbot were owner-occupied compared with 77.9% in 2016.
Talbot has 452 properties. Over the last 5 years, Houses in Talbot have seen a 102.57% increase in median value, while Units have seen a 85.73% increase. As at 31 August 2024:
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