Real Estate Bakery Hill, VIC, 3350 Ballarat

Thinking about buying in Bakery Hill? Now could not be a better time, with just 340 residential dwellings it's a highly sought after location.

The average property price for this area is $694,000 with prices in this suburb ranging from $302,000 to $1,350,000.

Distance to the coast is 73 Km.

Instant Valuation

Bakery Hill Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Bakery Hill ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Bakery Hill provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Bakery Hill necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Bakery Hill we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Bakery Hill a better buying opportunity than it may have been in the past.


Household makeup

Median Weekly Rent $293.22
Median Monthly Mortgage $1367.56
Median Persons Per Bedroom 0.71
Average Household Size 2.00
Average Age 37.00
Average Income $882.00
Average Cars Per Dwelling 2.04
Average Properties Within 50M 15.00

Typical Property Prices

2 Bed$478,479
3 Bed$945,000

Housing Stock

Houses for sale Bakery Hill

Buxton UNIT 2, 15 STEINFELD ST NORTH, BAKERY HILL, VIC, 3350 2 2 1 $475,000 - $495,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Bakery Hill there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

Bakery Hill weather - Average Local Climate by month

Min (°C)
Max (°C)
Min (%)
Max (%)
(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Fibre to the Premises


Nearby Suburbs

Golden PointBallarat CentralEurekaBlack HillSoldiers HillBallarat EastMount PleasantBallarat NorthRedanCanadian

Public Transport

Clunes - Greater then 10KM Bullarto - Greater then 10KM Musk - Greater then 10KM Ballarat - Less than 1 KM Daylesford - Greater then 10KM Creswick - Greater then 10KM Ballan - Greater then 10KM

General Points of Interest

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