VIC, 3352 - Ballarat

Thinking about buying in Learmonth? Now could not be a better time, with just 355 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $535,000 with prices in this suburb ranging from $167,000 to $1,609,000. The aproximate distance to the coast is 88 Km.

Household Makeup

Median Weekly Rent $200.00
Median Monthly Mortgage $1300.00
Median Persons Per Bedroom 0.80
Average Household Size 2.00
Average Age 46.00
Average Income $752.00
Average Cars Per Dwelling 2.11
Average Properties Within 50M 5

Housing Stock

Average Property Prices

1 Bed  $234,000
2 Bed  $441,000
3 Bed  $623,000
4 Bed  $791,000
5 Bed  $613,000

Learmonth Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Learmonth due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Learmonth 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 Learmonth necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Learmonth the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Learmonth

Buxton 54 MORTON ST, LEARMONTH, VIC, 3352 Beds5 Bathrooms1 Parking 6 $2,100,000 - $2,300,000

Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Learmonth weather - Average Local Climate by month

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

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

WeatherboardCoghills CreekAddingtonBlowhardWindermereMount BoltonGlendaruelAscotMiners RestTourello

Public Transport

General Points of Interest

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