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Investment Property Ballarat, VIC

Region Snapshot

Ballarat is a region in Victoria, Australia. Ballarat has a population of 101,686 people and 27.33% of its occupants live in rental accommodation. The median listing price for houses is $582,500 and this has changed 2.19% over the past year and changed -1.11% over 2 years.

The median rent in for houses is $420 per week and the median rental yield is 3.74%. Stock on the market for houses/townhouses has changed -18.84% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $345,000 and this has changed -1.15% over the past year. The average unit takes NA days to sell and the median rent for a unit in Ballarat is $330 per week, producing a rental yield of 4.97%.

Supply & Demand in Ballarat

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

  House Townhouses Units
Median listing price $582,500 $430,000 $345,000
Median price change - last quarter 0.08% -0.92% 0.00%
Median price change - 1 year 2.19% 0.23% -1.15%
Median price change - 2 years -1.11% -5.50% -9.22%
  House Townhouses Units
Median weekly rent $420 $380 $330
Median yield % 3.74% 4.59% 4.97%
Median rent change - 1 year 5.00% 5.55% 4.76%
  House Units
Previous month sales 185 23
Stock on market previous month 1,120 95
Stock variance vs. last year -18.84% -20.83%
Average days on market NA NA

Ballarat investment property listings

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