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 › Racecourse Rd
$1,300,000
Last sold
31 Aug 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
50,868.985 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$1,300,000
31 Aug 2023 · 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
+100.0%
Median sale
Suburb $650,000
-1.92 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 data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 PRD BallaratLocated just 3 minutes from the Western Freeway, this ideal horse property offers easy access to Melbourne and Geelong (both within an hour's drive) and less than 30 minutes to Ballarat.
Sitting just north of the Ballan Township, this 2006 built one-owner home offers a low maintenance single storey dwelling with 40 sq under roof. The floorplan is currently set up as three bedrooms and a home office - all with built-in robes making the office possibly a 4th bedroom.
The spacious master bedroom offers a walk-in robe and brand new lavish ensuite for the new owners to enjoy, the balance of bedrooms has built-in robes. There are two living spaces including a large central open plan living area which features the kitchen with island bench, a lounge and a dining area.
Positioned just to the right of the front door is the 2nd living zone, an ideal kids retreat. The family bathroom is central to the kids' bedrooms and the two toilets have recently been replaced. Laundry features generous bench space and a drying cupboard, plus extensive linen storage in the hallway.
There is a double car garage under the house roof with internal house access and a north facing outdoor area for entertaining. The home includes both a Brivis ducted heating and cooling system and 4 separate RC split system units.
The land size of 12 acres is ideally set up for horses with 6 paddocks - all with horse shelters. All paddocks have an electric hot wire and are double fenced with sighter wire, keeping livestock off the boundary fence and enhancing safety. All paddocks are accessed by a central laneway system and the pasture has been improved, making hay-baling a viable option.
Improvements include a timber round yard, a 50m by 25m fully fenced sand horse arena, plus a 6m by 8m shed which has power and concrete floor. There are 2 secure stables plus a lockable float shed all serviced by mains power with a concrete undercover twin tie-up area close-by.
Services include mains power, envirosep septic system, fenced dam, water storage as follows: 45,000L off house, 22,500L off stables, 10,000L off shed and each horse shelter has 1000L.
Located in a quiet pocket, this purpose-built horse property offers great access to all major centres with a rural outlook to complete the package.
Ballarat's Best-Selling Team
Listing description written by Chris Leonard, PRD Ballarat — reproduced as published, not verified by Districts.