Thinking about buying in Ballarat? Now could not be a better time, with a whopping 67687 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $632,000 with prices in this suburb ranging from $238,000 to $1,515,000.
Distance to the coast is 75 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 are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Ballarat 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 Ballarat 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 Ballarat 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 Ballarat a better buying opportunity than it may have been in the past.
Median Weekly Rent | $244.74 |
Median Monthly Mortgage | $1073.70 |
Median Persons Per Bedroom | 0.71 |
Average Household Size | 1.96 |
Average Age | 40.00 |
Average Income | $700.00 |
Average Cars Per Dwelling | 2.17 |
Average Properties Within 50M | 13.00 |
1 Bed | $289,681 |
2 Bed | $424,521 |
3 Bed | $478,682 |
4 Bed | $711,780 |
5 Bed | $445,000 |
Bald Hills State School
St Paul's School
Buninyong Primary School
Invermay Primary School
St Finn Barr's Catholic Primary School
Invermay Primary School
Launceston Big Picture School
Magpie Primary School
St Aloysius' School
Caledonian Primary School
Alfredton Primary School
St Thomas More School
Siena Catholic Primary School
Pleasant Street Primary School ( Ballarat)
Hamilton Secondary College
Suneden Special School
Bonshaw Public School
(While the above schools are located with the suburb of Ballarat there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 11.8 | 27.4 | 29.5 | 91.9 | 5.8 | 25.9 |
Feb | 1.4 | 12.2 | 26.1 | 35.5 | 93.9 | 5.8 | 21.7 |
Mar | 1.1 | 10.6 | 23.4 | 38.1 | 95.2 | 5.5 | 16.8 |
Apr | 1.5 | 7.8 | 18.6 | 49.5 | 96.9 | 4.8 | 12.3 |
May | 1.8 | 5.4 | 14.1 | 63.5 | 97.9 | 5.0 | 8.7 |
Jun | 1.9 | 3.6 | 11.2 | 74.0 | 99.0 | 4.9 | 7.2 |
Jul | 2.1 | 3.4 | 10.5 | 74.3 | 98.9 | 5.7 | 7.5 |
Aug | 1.9 | 3.3 | 11.6 | 65.1 | 98.4 | 5.6 | 10.4 |
Sept | 2.2 | 4.6 | 14.3 | 58.1 | 97.1 | 5.6 | 14.4 |
Oct | 1.6 | 6.5 | 18.1 | 49.6 | 96.4 | 5.4 | 19.8 |
Nov | 1.6 | 8.3 | 20.8 | 44.7 | 96.5 | 5.3 | 22.6 |
Dec | 1.3 | 10.3 | 24.6 | 33.7 | 93.8 | 5.6 | 25.5 |
source: Australian Government Bureau of Meteorology
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