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5489 Geelong-Ballan Road,
Ballan VIC 3342

This property is Off Market

All about Ballan Homes for sale in Ballan


  • The Average property price in this area is $913,883, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 53.99 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Bacchus Marsh Region

With an average age of 44, households expect an average monthly mortgage payment of $1,980 or a weekly rent payment of $311. The average family earns a weekly income of $2,239 with a typical household size of 2.9 and a 95.54% employment rate.

Consistent high demand relative to supply is a key feature in Ballan driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Ballan are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Ballan provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Ballan to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Ballan the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 976 asthma sufferers and 234 people living with diabetes. In addition, 303 people have a heart/vascular condition and 511 people live with three or more chronic diseases.

A good place to invest in property?

Bacchus Marsh Region a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

49 / 100

52 / 100

Industry

05 / 100

17 / 100

Population

22 / 100

32 / 100

House Prices

84 / 100

70 / 100

Jobs

27 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Ballan Primary School Bacchus Marsh College

Property Story

5489 Geelong-Ballan Road, Ballan, Vic, 3342 is a residential property with 4 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated distance to the sea is 53.99km and 0.93KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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