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Delacombe

POSTAL CODE: VIC, 3356
HOUSE
DELACOMBE ranks 693rd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 6.67% for the past year is lower than average compared to its 36.59% growth within a five-year period.

Also in DELACOMBE, the median home price is sitting at $560,000, and the average rent at $430, this suggests property owners could potentially earn a 3.99% increase in gross rental yield.

Property investors have seen a 7.64% gain in DELACOMBE based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.13% growth over a ten-year period. It ranks 1835th on our list of suburbs that property investors should look into.

Surburb overview

Delacombe is a residential suburb on the south-western edge of Ballarat in central Victoria, located within the City of Ballarat local government area.

The suburb sits approximately 7 kilometres south-west of Ballarat’s central business district and about 110 kilometres north-west of Melbourne by road and rail.

It is positioned near the Glenelg Highway and Western Freeway, providing road access to central Ballarat and Melbourne.

At the 2021 Census, Delacombe recorded a population of around 5,500 residents, reflecting substantial growth associated with Ballarat’s expanding urban boundary.

The demographic profile includes a high proportion of families with children, along with working-age residents employed in construction, retail, health and professional services.

Housing predominantly comprises detached dwellings, with a mix of established homes and newer estate-style developments constructed from the 2000s onwards.

Delacombe Town Centre serves as a major retail hub for the suburb and surrounding areas, incorporating supermarkets, specialty stores and service providers.

Primary schools operate within the suburb, while secondary education and tertiary institutions are accessed in the broader Ballarat area.

Health services, including Ballarat Base Hospital and private medical facilities, are located within a short drive.

Public transport includes local bus routes connecting Delacombe to Ballarat’s central business district and railway station.

Ballarat station provides regular V/Line train services to Melbourne’s Southern Cross Station, supporting commuting and regional travel.

Recreational amenities include neighbourhood parks, sporting facilities and access to walking and cycling paths, with additional cultural and recreational opportunities available across the greater Ballarat region.

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