Lot 2/56 Simpson Street Ballan VIC 3342
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6529.1M2 (1.61 Acres) - Premier Central Development Site (S.T.C.A)
Property Details for Lot 2/56 Simpson St, Ballan
About Ballan 3342
The size of Ballan is approximately 147.2 square kilometres. There are 8 parks, covering nearly 4.0% of the total area. The population of Ballan in 2016 was 2985 people. By 2021 the population was 3392 showing a population growth of 13.6% in the area during that time. The predominant age group in Ballan is 50-59 years. Households in Ballan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ballan work in a professional occupation.In 2021, 79.90% of the homes in Ballan were owner-occupied compared with 80.20% in 2016.
Ballan has 2,242 properties. Over the last 5 years, Houses in Ballan have seen a 0.86% increase in median value, while Units have seen a 18.01% increase. As at 31 August 2026:
- The median value for Houses in Ballan is $691,706 while the median value for Units is $474,201.
- Houses have a median rent of $500 while Units have a median rent of $460.
Suburb Insights for Ballan 3342
Market Insights
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