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Investment Property Ballarat Central, VIC, 3350

Suburb Snapshot

Ballarat Central is a suburb in the Ballarat Region of Victoria. Ballarat Central has a population of 5,326 people and 32.79% of its occupants live in rental accommodation. The median listing price for houses is $630,000 and this has changed 0.80% over the past year and changed -3.08% over 2 years.

The median rent in Ballarat Central for houses is $400 per week and the median rental yield is 3.30%. Stock on the market for houses/townhouses has changed -25.56% compared to last year and the average time to sell a house/townhouse is 122 days.The median listing price for units is $390,000 and this has changed -0.64% over the past year. The average unit takes 143 days to sell and the median rent for a unit in Ballarat Central is $350 per week, producing a rental yield of 4.66%.

Supply & Demand in Ballarat Central, Ballarat

1.30%

Current vacancy rate


38

Rental stock available


5,326

Population


32.79%

Rental population


0.91%

Current vacancy rate


505

Rental stock available


101,686

Population


27.33%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Ballarat Central, Ballarat

  House Townhouses Units
Median listing price $630,000 NA $390,000
Median price change - last quarter 6.16% NA 0.51%
Median price change - 1 year 0.80% NA -0.64%
Median price change - 2 years -3.08% NA -4.30%
  House Townhouses Units
Median weekly rent $400 $395 $350
Median yield % 3.30% NA 4.66%
Median rent change - 1 year 0.00% 3.94% 0.00%
  House Units
Previous month sales 11 1
Stock on market previous month 67 8
Stock variance vs. last year -25.56% -55.56%
Average days on market 122 143

Ballarat Central investment property listings

Showing 4 of 4 investment properties found in Ballarat Central on realestateinvestar.com.au

103 Frank St, Ballarat Central

$1,395,000

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GRAND FULLY-RENOVATED FOUR BEDROOM FAMILY RESIDENCE

Perfectly positioned on one of Ballarat's finest tree lined streets is this charming four-bedroom weatherboard family home. The location is within walking distance to Ballarat Train Station, hospital precinct and CBD. You are also close to Lake Wendouree and prestigious secondary college precinct. ...

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House

VIC 3350


501 Eyre St, Ballarat Central

$750,000

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An Exceptional Standard of Inner-City Living in the Heart of Bal

Perfectly positioned within the very heart of Ballarat Central, this beautifully renovated and light-filled residence delivers a refined standard of living, combining sophisticated modern finishes with effortless everyday functionality. Impeccably updated throughout, the home showcases a seamless ...

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House

VIC 3350


420 Drummond Street North, Ballarat Central

$595,000

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Pretty as a picture, walking distance to Lake Wendouree & CBD

Pretty as a picture and brimming with inner-city charm, this iconic Ballarat period residenceinstantly recognisable by its delightful pink dooroffers a lifestyle of comfort, character and convenience. Behind its captivating facade, the home reveals two generously proportioned bedrooms, ...

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House

VIC 3350


301 Dana St, Ballarat Central

$965,000

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Outstanding Central Commercial Freehold Property

A prime office space that offers a unique opportunity for both investors and business owners. Perfectly located in the heart of Ballarat, opposite Central Square carpark, a prime position in the hub of business activity providing easy access to local amenities, public transport, and major ...

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Commercial

VIC 3350


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