Powered by MOMENTUM MEDIA
Ballarat Central
AREA REPORTS

Ballarat Central

Ballarat Central - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3350

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 35.89% capital gain.

Property investors in BALLARAT CENTRAL enjoyed capital gains of 5.19% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $568,000.

Profits due to an upward trend in home prices there averaged 11.96% per annum over a 3-year period.

Home owners selling their properties and realtors in BALLARAT CENTRAL usually have to wait an average of 63.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $350 mark, reflecting a 3.2% increase in returns based on the current median price in BALLARAT CENTRAL.

BALLARAT CENTRAL, 3350 places 606th in Australia based on median property value growth during the quarter.

Data report can be found below

Ballarat Central
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $568,000 $308,750
GROWTH REPORT
Median Quarterly 0.53% 3.09%
Median 12 month 5.19% 4.66%
Median 3 years 35.89% 17.62%
Median 5 years 55.62% 15.64%
10 years average annual 6.86% 4.17%
Weekly media advert. rent $350 $300
Time on Market 63.2 days 70.8 days
Gross Rental Yield Percent 3.2% 5.05%
demographics (median values)*
Total Population
59145
Weekly Household Income
1238
Household Size
2.40
Age
37
Monthly Loan Repayment
1408
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.