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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 $637,000 and this has changed 1.11% over the past year and changed -1.85% over 2 years.

The median rent in Ballarat Central for houses is $400 per week and the median rental yield is 3.26%. Stock on the market for houses/townhouses has changed -12.79% compared to last year and the average time to sell a house/townhouse is 111 days.The median listing price for units is $390,000 and this has changed 5.40% over the past year. The average unit takes 113 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

1.44%

Current vacancy rate


42

Rental stock available


5,326

Population


32.79%

Rental population


0.92%

Current vacancy rate


515

Rental stock available


101,686

Population


27.33%

Rental population


0.94%

Current vacancy rate


29,256

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 $637,000 NA $390,000
Median price change - last quarter 6.16% NA 0.51%
Median price change - 1 year 1.11% NA 5.40%
Median price change - 2 years -1.85% NA -6.03%
  House Townhouses Units
Median weekly rent $400 $390 $350
Median yield % 3.26% NA 4.66%
Median rent change - 1 year 0.00% 0.00% 1.44%
  House Units
Previous month sales 15 1
Stock on market previous month 75 8
Stock variance vs. last year -12.79% -57.89%
Average days on market 111 113

Ballarat Central investment property listings

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