Ballan at a glance
3,617
People
$650,000
Median sale
$480/wk
Median rent
3.84%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
VIC › Ballan › Myrtle Grove Rd
$760,000
Last sold
28 Apr 2025
4
Bedrooms
2
Bathrooms
11
Car spaces
2,045 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$760,000
28 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Ballan (last 5 years) with land size have a median of $762/m² of land (n=83). Districts calculation from recorded sales — not a valuation.
Ballan at a glance
3,617
People
$650,000
Median sale
$480/wk
Median rent
3.84%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Ballan
+16.9%
Median sale
Suburb $650,000
-0.56 pp
Gross yield
Suburb 3.84%
Suburb median $650,000 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 6
NRZ6
Jurisdiction
Moorabool
Moorabool, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 6 · NRZ6 (ZN). Official parcel area about 2,049 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 2,049 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. Vegetation or biodiversity constraints can sterilise the developable portion of the lot. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $480/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 6 · NRZ6 (ZN). Official parcel area about 2,049 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowOfficial parcel about 2,049 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1. Vegetation or biodiversity constraints can sterilise the developable portion of the lot.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Ballan at a glance
3,617
People
$650,000
Median sale
$480/wk
Median rent
3.84%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bacchus Marsh Real EstateLocated at 22 Myrtle Grove Road in Ballan, this exceptional property offers a rare combination of space, comfort, and modern living. Situated on a vast block of land spanning approximately 2045m², this home is a perfect blend of family-friendly features and luxurious amenities, all within a peaceful and welcoming environment.
The property boasts a thoughtfully designed layout with four spacious bedrooms, including a grand master bedroom. The master suite is a standout feature, offering a walk-in robe and a private ensuite, providing a tranquil retreat for the homeowners. The additional three bedrooms are generously sized, each offering ample storage and comfort, ensuring everyone in the family has their own personal space.
In terms of living areas, this home does not disappoint. With two large living spaces both with fireplaces, there is plenty of room for both everyday living and entertaining guests. The flow between the rooms creates an open and inviting atmosphere, making this home ideal for family gatherings, relaxation, and social events.
One of the key highlights of this property is the eleven undercover car spaces, which provide exceptional convenience for families with multiple vehicles or those needing extra storage for boats, caravans, or other large items. Whether you're hosting guests or simply managing your family's transportation needs, this feature offers immense value and practicality.
For those who enjoy outdoor living, the property offers a spacious undercover area perfect for alfresco dining or relaxing outdoors. A spa in the area further elevates the outdoor experience, allowing homeowners to unwind and enjoy their surroundings in absolute comfort.
Adding to the privacy and security of this already exceptional property, it is fully fenced and features a remote-control gate, offering extra peace of mind and seclusion. The gate provides both convenience and privacy, ensuring that access to the property is controlled and secure at all times.
Overall, 22 Myrtle Grove Road presents an outstanding opportunity to secure a spacious, well-maintained family home in a highly sought-after location. The combination of generous indoor and outdoor spaces, ample car accommodation, added privacy with fencing and remote-control gate, and the potential for future growth makes this property truly unique. Don't miss out on the chance to make this stunning property your new home.
Listing description written by Liam Baker, Bacchus Marsh Real Estate — reproduced as published, not verified by Districts.