Real Estate Ballarat North, VIC, 3350 Ballarat

Thinking about buying in Ballarat North? Now could not be a better time, with a whopping 2404 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $645,000 with prices in this suburb ranging from $191,000 to $2,438,000.

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Ballarat North 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. 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.