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Investment Property Ballarat North, VIC, 3350

Suburb Snapshot

Ballarat North is a suburb in the Ballarat Region of Victoria. Ballarat North has a population of 3,923 people and 27.08% of its occupants live in rental accommodation. The median listing price for houses is $545,000 and this has changed -2.68% over the past year and changed -12.80% over 2 years.

The median rent in Ballarat North for houses is $400 per week and the median rental yield is 3.81%. Stock on the market for houses/townhouses has changed -20.00% compared to last year and the average time to sell a house/townhouse is 121 days.The median listing price for units is $327,000 and this has changed NA over the past year. The average unit takes 151 days to sell and the median rent for a unit in Ballarat North is $335 per week, producing a rental yield of 5.32%.

Supply & Demand in Ballarat North, Ballarat

0.89%

Current vacancy rate


18

Rental stock available


3,923

Population


27.08%

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 North, Ballarat

  House Townhouses Units
Median listing price $545,000 $597,500 $327,000
Median price change - last quarter -0.73% -10.49% 0.92%
Median price change - 1 year -2.68% NA NA
Median price change - 2 years -12.80% NA NA
  House Townhouses Units
Median weekly rent $400 $390 $335
Median yield % 3.81% 3.39% 5.32%
Median rent change - 1 year 5.26% 8.33% 13.55%
  House Units
Previous month sales 13 1
Stock on market previous month 36 3
Stock variance vs. last year -20.00% -40.00%
Average days on market 121 151

Ballarat North investment property listings

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