124 Inglis StreetBallan VIC 3342
Property Details for 124 Inglis St, Ballan
Last Listing description (June 2022)
Presenting this incredible opportunity to own an entire 1016m2 allotment and three commercial shop fronts right in the main street of Ballan. A truly outstanding investment opportunity featuring a fantastic location, positioned along a great strip of shops on the Ballan main road the land holding is exceptional allowing room for future development. These shops hold wonderful exposure with full front windows allowing an ambient of natural light to flow throughout with a small residence adjoining one of the rear shops. A blue-chip locale this site could be ideal to develop a future supermarket or medical facility (STCA) yet giving you an immediate return on investment with all 3 shops currently let. Commercial opportunities right in the heart of town with so much land is just so rare so don't wait, call now to book your viewing today.
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Property History for 124 Inglis St, Ballan, VIC 3342
- 23 Jun 2022Sold for $1,050,000
- 23 May 2022Listed for Sale Auction Thursday 23rd June 2022 at 1.00PM
- 30 Jun 2015Listed for Rent - Price not available
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0About Ballan 3342
The size of Ballan is approximately 147.2 square kilometres. It has 8 parks covering nearly 4.0% of 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 2,243 properties. Over the last 5 years, Houses in Ballan have seen a 14.87% increase in median value, while Units have seen a 43.72% increase. As at 31 March 2026:
- The median value for Houses in Ballan is $758,789 while the median value for Units is $539,567.
- Houses have a median rent of $500 while Units have a median rent of $440.
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