5/397 Old Melbourne Road, Ballan, VIC 3342 | Property Value & History | OnTheHouse
OFF MARKET

5/397 Old Melbourne Road
Ballan VIC 3342

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 694m2
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Property Details for 5/397 Old Melbourne Rd, Ballan

5/397 Old Melbourne Rd, Ballan is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 694m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
Unit
Land Size
694m2
Local Government
Moorabool
Lot/Plan
5/PS522776

Last Listing description (July 2014)

IMMACULATE LOW MAINTENANCE LIVING
At only 5 years young this immaculate JG King steel framed home offers well established convenient living
Comprising 3 bedrooms all with BIRs and a duel way bathroom with bath and separate toilet

Attractive modern kitchen with quality SS appliances including 900mm gas cook top, range hood and dishwasher
Tiled family/dining room and separate carpeted lounge, ducted heating, split system cooling, gas fire place and ceiling fans
DLUG with remote roller door, side gate access ideal for trailer parking, 2 garden sheds and a large entertaining area complete with shade sail
An excellent sized private rear yard with vege patch, established gardens/lawn and a slim line water tank

Property History for 5/397 Old Melbourne Rd, Ballan, VIC 3342

A timeline of how this property has performed in the market
Last Sold
$313,000
22 Jul 2014
  • 22 Jul 2014
    Sold for $313,000
  • 04 Jun 2014
    Listed for Sale 319000
  • 08 Sep 2009
    Sold for $247,500
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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 2,235 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.