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 › Spencer Rd
$1,900,000–$1,950,000
For sale
Asking range
5
Bedrooms
4
Bathrooms
8
Car spaces
2,027 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
Asking
$1,900,000–$1,950,000
Asking range · $937/m² of land
No recorded sale for this property.
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
+192.3%
Median sale
Suburb $650,000
-2.53 pp
Gross yield
Suburb 3.84%
Suburb median $650,000 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$111,814 on top of the price (5.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Ballan's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 1.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 YPA BallaratThis impeccably presented residence is a stunning example of high-quality architecture, blending Colonial and Hampton styles with sophistication and charm on a corner block of approximately 2,027m². As you approach through the electronic pin-access gates, custom-built fencing and an arched entryway provide a grand welcome. A water fountain graces the front yard, creating a tranquil and inviting ambiance.
Upon entering, the home's refined details are immediately captivating, from the feature ceiling rose and chandelier to wainscot paneling and the elegant staircase. The ground-floor master suite is a true retreat, featuring multiple built-in wardrobes, his-and-hers walk-in robes, and an expansive ensuite with dual vanities, a freestanding bath, and an oversized shower. Private sliding door access leads to a bricked courtyard complete with a bricked-in pizza oven, perfect for alfresco entertaining.
The upper level hosts three additional bedrooms, each with its own walk-in robe. One of these bedrooms includes a private ensuite, ensuring comfort and privacy for all. Ample storage and a central bathroom serve the remaining bedrooms, and balcony access invites you to enjoy fresh air and scenic views.
The central living area is an open-plan masterpiece, showcasing detailed cornicing, cabinetry, and ample space for entertaining, even enough for a pool table. The chef's kitchen is equipped with premium features: a 900mm dual oven, 40mm stone benchtops, an undermount sink, under-bench bar fridge, large island with breakfast bar, overhead storage, and a walk-in pantry.
The lower level includes a spacious study, easily convertible to a sixth bedroom, and a separate cinema room. From the cinema, step into an enclosed, all-season entertaining area equipped with double-glazed stacker doors, built-in benches, a BBQ, sink, bar fridge, skylights, ceiling fans, and bar heaters for year-round comfort.
A separate workshop/garage offers potential for a self-contained unit, with a bathroom, kitchen, electric cooktop and oven, generous storage, and a fridge cavity. Ideal as a home office, it features three bay roller doors, a 16.4m x 10m layout, and a front veranda that complements the main residence.
Additional highlights of this exceptional property include extensive landscaping, six 3,000-liter water tanks with an irrigation system, zoned refrigerated heating and cooling, and a comprehensive CCTV security system throughout, among numerous other features.
Located in a prime corner block position in Ballan, this property offers convenience and accessibility to all amenities. Within walking distance to the Ballan golf course, you can enjoy leisurely strolls and embrace the serene surroundings.
Don't miss this opportunity to own a truly remarkable property that harmoniously combines style, functionality, and luxury living. Contact us today to arrange a private viewing and experience the captivating allure of this exceptional home.
(Photo ID is required at all open for inspections)
At YPA Ballarat "Our Service Will Move You"
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor/agent and agency.
Some photos may be digitally staged for the sole purpose of presentation.
Listing description written by Shane O'Brien, YPA Ballarat — reproduced as published, not verified by Districts.