4/397 Old Melbourne Road, Ballan, VIC 3342 | Property Value & History | OnTheHouse
OFF MARKET

4/397 Old Melbourne Road
Ballan VIC 3342

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 595m2
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Property Details for 4/397 Old Melbourne Rd, Ballan

4/397 Old Melbourne Rd, Ballan is a 0 bedroom, 0 bathroom Unit. The property has a land size of 595m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Land Size
595m2
Local Government
Moorabool
Lot/Plan
4/PS522776

Last Listing description (July 2022)

Situated in the ever-expanding township of Ballan with its prime positioning is this chance to own a unit in a well-established complex. The kitchen/dining is fair in size, the master has an ensuite and you have two extra bedrooms. Large lounge area can be enjoyed by the whole family and friends! Outside you will find a great sized block with lots of lawn area to enjoy while maintain your privacy. As a bonus you also have a double car garage with access to inside. Close to Main Street, shops, cafes, bakery's, sporting facilities/reserves, schools and more. If you want to be a part of this magnificent town, get in touch today.

Property History for 4/397 Old Melbourne Rd, Ballan, VIC 3342

A timeline of how this property has performed in the market
Last Sold
$475,000
31 May 2022
  • 18 Jul 2022
    Listed for Sale $475,000
  • 31 May 2022
    Sold for $475,000
  • 29 Mar 2009
    Sold for $245,000
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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 29.31% increase in median value, while Units have seen a 47.63% increase. As at 31 December 2025:

  • The median value for Houses in Ballan is $720,278 while the median value for Units is $519,451.
  • Houses have a median rent of $450 while Units have a median rent of $400.
There are currently 30 properties listed for sale, and 4 properties listed for rent in Ballan on OnTheHouse. According to Cotality's data, 92 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.