Soldiers Hill

POSTAL CODE: VIC, 3350
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Based on its average 5-year and quarterly capital gains SOLDIERS HILL, 3350 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that SOLDIERS HILL, 3350 obtained a 7.37% growth over a ten-year period. It ranks 1669th on our list of suburbs that property investors should look into.

SOLDIERS HILL, 3350 in VIC belongs to the local government area of Ballarat.

SOLDIERS HILL, 3350 has a capital gain of -4.33% for the past year, which is lower than average compared to its 1.59% growth within a five-year period.

With the median home price in SOLDIERS HILL sitting at $574,000, and the average rent at $400, property owners could potentially earn a 3.62% increase in gross rental yield.

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

Surburb overview

Soldiers Hill is an inner residential suburb of Ballarat in Victoria, located approximately 105 kilometres north-west of Melbourne’s central business district and immediately north of Ballarat Central.

The suburb forms part of the City of Ballarat local government area and is bordered by the Ballarat railway line and Lydiard Street North.

According to the 2021 Census, Soldiers Hill had a population of 2,224 residents, reflecting its established urban character close to the city centre.

Soldiers Hill developed rapidly during the Victorian gold rush of the 1850s and 1860s, and it retains a significant concentration of heritage-listed Victorian and Edwardian homes.

Residential streets are generally grid-based and feature period cottages, terrace-style houses and renovated historic dwellings, contributing to the suburb’s architectural character.

Its proximity to Ballarat railway station supports convenient access to V/Line train services to Melbourne’s CBD via the Ballarat line.

Local bus services operate through and around the suburb, linking residents to retail, education and healthcare facilities across Ballarat.

Retail and hospitality venues are accessible in nearby Ballarat Central, particularly along Sturt Street and Armstrong Street.

Community amenities include primary schooling options and neighbourhood parks, while larger recreational facilities are located in adjoining suburbs.

Soldiers Hill experiences a temperate climate with warm summers and cool to cold winters, consistent with Ballarat’s elevated inland setting.

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