All About Ballarat North, Ballarat, VIC, 3350

Ballarat North, a suburb in the vibrant regional city of Ballarat, Victoria, presents a dynamic housing market characterized by a blend of historic charm and modern development. This area has seen consistent growth over the years, becoming increasingly attractive to families, first-time homebuyers, and investors alike. With a variety of housing options—from charming Victorian-era homes to contemporary townhouses and new builds—the suburb caters to a diverse range of preferences and budgets. Recently, the demand for property in Ballarat North has surged, driven by its relatively affordable prices compared to Melbourne, as well as its appealing lifestyle advantages. As a result, property values have shown a steady upward trajectory, reflective of the broader trends seen in regional Victoria. This growth also mirrors the spillover effect as more people seek to capitalize on the suburb's proximity to Ballarat's commercial centers and educational institutions while enjoying suburban peace.

Living in Ballarat North offers residents a mix of urban convenience and suburban tranquility, making it a desirable location for those seeking a balanced lifestyle. The suburb is known for its lush, tree-lined streets and a strong sense of community, which is reinforced by its diverse population and various community events. Residents have convenient access to essential amenities such as schools, healthcare facilities, parks, and shopping centers. The proximity to the Ballarat Botanical Gardens and Lake Wendouree adds to the suburb's appeal, providing excellent recreational opportunities for outdoor enthusiasts. Commuting is straightforward, with efficient transport links to downtown Ballarat and beyond. With its historic character, welcoming atmosphere, and convenient location, Ballarat North is both a comfortable and connected place to call home.

Ballarat North Real Estate Market Outlook

Thinking about buying in Ballarat North? Now could not be a better time, with 2404 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $645,000 with prices in this suburb ranging from $191,000 to $2,438,000. The aproximate distance to the coast is 74 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Ballarat North are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Ballarat North classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Ballarat North requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!