Ballarat North

Property investors enjoyed capital gains of 31.03% over the last 12 months in BALLARAT NORTH, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 7.21% growth over a ten-year period. It ranks 1335th on our list of suburbs that property investors should look into.

BALLARAT NORTH, 3350 has a capital gain of 31.03% for the past year, which is higher than average compared to its 69.74% growth within a five-year period.

With the median home price in BALLARAT NORTH sitting at $570,000, and the average rent at $350, property owners could potentially earn a 3.19% increase in gross rental yield.

A 31.03% increase in median property prices in BALLARAT NORTH, 3350 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 84th.

Figures from the previous quarter show that capital gains for real estate buyers in BALLARAT NORTH are low, as opposed to average gains per annum over the past five years.

BALLARAT NORTH, 3350 in VIC belongs to the local government area of Ballarat (C).