381 Old Melbourne Road, Ballan, VIC 3342 | Property Value & History | OnTheHouse
OFF MARKET

381 Old Melbourne Road
Ballan VIC 3342

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3469m2
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Property Details for 381 Old Melbourne Rd, Ballan

Building Type
Land
Land Size
3469m2
Local Government
Moorabool
Lot/Plan
2/PS621504

Last Listing description (September 2022)

Opportunities arise that can really make a difference! This L-Shaped allotment of approx. 3469m2 (or nearly one acre) is Zoned General Residential under the Moorabool Shire planning scheme (Council no. 142140). Offering a wonderful central location and only 360 metres from the Ballan Hospital, this fabulous slice of land is just a hop, skip and jump from all the services and amenities; including the Ballan train station, supermarket, primary school, golf course and sports oval.

There are so many options available here (STCA) whether you build your dream home with room for a tennis court, shed and a swimming pool or whether you develop further into two or four residential blocks with unmade Graham Street to the rear or South boundary, the options are certainly up to you. Services available include: power, natural gas, town water connected and a sewerage main running down the west boundary of the property.

This is a very rare offering in a buoyant growth corridor of Ballan, where just 60 minutes by car or train will take you to Melbourne and/or Geelong while a short 25 minute trip will take you to the delights of central Ballarat. For further information, details on rates and land measurements, please contact our agent asap.

Property History for 381 Old Melbourne Rd, Ballan, VIC 3342

A timeline of how this property has performed in the market
Last Sold
$285,000
25 Nov 2016
  • 28 Jan 2022
    Listed for Sale $599,000 - $625,000
  • 25 Nov 2016
    Sold for $285,000
  • 08 Sep 2016
    Listed for Sale $275,000 - $295,000
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About 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 2,236 properties. Over the last 5 years, Houses in Ballan have seen a 18.02% increase in median value, while Units have seen a 38.02% increase. As at 30 November 2025:

  • The median value for Houses in Ballan is $657,822 while the median value for Units is $477,264.
  • Houses have a median rent of $450 while Units have a median rent of $385.
There are currently 28 properties listed for sale, and 1 property listed for rent in Ballan on OnTheHouse. According to Cotality's data, 97 properties were sold in the past 12 months in Ballan.

Suburb Insights for Ballan 3342

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.