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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


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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 1 of 1 investment properties found in Ballarat Central on realestateinvestar.com.au

103-105 Errard St, Ballarat Central

$0

property pic

Central classic charm combined with modern living

This centrally located heritage home ticks all the boxes, offering the perfect blend of charm, comfort, and convenience. Set just a block from Sturt Street, this is an unbeatable central location allowing easy stroll to Lake Wendouree, the Ballarat Railway Station, restaurants, cafés, and quality ...

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House

VIC 3350


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