Colliers Ballarat is delighted to offer to market 5360 Ballarat-Maryborough Road, Talbot for public auction on Saturday 10th December at 11am on-site. Offered for sale for the first time in almost 50 years, "Talbot Motor Wreckers" comprises of 12.5 hectres of sprawling Farming Zone and Low Density Residential Zone land with existing use trading as a motor wrecker since 1975.
Included in this unique offering is a two storey residence comprising of three good sized bedrooms, two first floor bathrooms, ground floor "mud room" off the two car garage, separate living room, dinning room and family room. The residence was built in the 1980's and is well suited for refurbishment to give it that modern touch.
The main shedding is approximately 470 square metres and is complete with drive-thru access to the main wrecking yard. The rear yard area is a playground of automotive marvels from late model vehicles to some vintage truck, van and car bodies from Australia and beyond.
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 100.97% increase in median value, while Units have seen a -16.72% decrease. As at 31 October 2024:
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