5500 Geelong-Ballan Rd, Ballan is a 2 bedroom, 0 bathroom House with 8 parking spaces and was built in 1990. The property has a land size of 10021m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Raine & Horne Land Victoria is proud to present this development opportunity strategically located on Geelong-Ballan Road.
This 2.52 Acres (approx.) parcel is ready for a developer to take advantage of a fantastic opportunity in the heart of one of Victoria's fastest-growing towns. Ballan's recent infrastructure upgrade, including the Ballan Railway Station, has significantly contributed to its rapid growth.
The property is waiting for permit approval for a 9-lot subdivision. The development consists of larger blocks ranging from 807 m2 to 1033 m2 which are highly in demand for home buyers in Ballan.
The property consists of a 5 bedroom and 2 Bathroom house with an adjoining dining area with timber-look floating floors, living or sitting area with woodfire and split system.
This opportunity will not last, so enquire today to make sure you don't miss out.
For any further information or to book an inspection, please get in touch with Jasdeep Singh 0413 959 608 or Wendy Kaur on 0424 524 420
Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
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 2,245 properties. Over the last 5 years, Houses in Ballan have seen a 11.73% increase in median value, while Units have seen a 28.27% increase. As at 30 June 2026:
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