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Miners Rest
VIC, 3352 - Ballarat

Thinking about buying in Miners Rest? Now could not be a better time, with 1696 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $674,000 with prices in this suburb ranging from $115,000 to $2,511,000. The aproximate distance to the coast is 79 Km.

Household Makeup

Median Weekly Rent $337.00
Median Monthly Mortgage $1518.00
Median Persons Per Bedroom 0.78
Average Household Size 3.00
Average Age 35.20
Average Income $890.00
Average Cars Per Dwelling 2.20
Average Properties Within 50M 6

Housing Stock

Average Property Prices

1 Bed  $677,000
2 Bed  $539,000
3 Bed  $618,000
4 Bed  $743,000
5 Bed  $1,054,000
6 Bed+$726,000

Miners Rest Real Estate Market Outlook

In Miners Rest there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. 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 Miners Rest due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Miners Rest changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Miners Rest 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 Miners Rest

Buxton 37 AQUIVER TCE, MINERS REST, VIC, 3352 Beds4 Bathrooms2 Parking 4 $720,000 - $750,000
Buxton 11 NEWMARKET TCE, MINERS REST, VIC, 3352 Beds4 Bathrooms2 Parking 2 $550,000 - $580,000
Buxton 11 SELWYN ST, MINERS REST, VIC, 3352 Beds4 Bathrooms2 Parking 2 $595,000 - $640,000
Buxton 137 HOWE ST, MINERS REST, VIC, 3352 Beds4 Bathrooms2 Parking 6 $845,000 - $895,000
Buxton 12 BOLD FRONT CT, MINERS REST, VIC, 3352 Beds Bathrooms $299,000 - $325,000
Buxton 25 HAMLIN ST, MINERS REST, VIC, 3352 Beds Bathrooms $650,000 - $680,000
Elders 6 DOUGLAS CL, MINERS REST, VIC, 3352 Beds4 Bathrooms2 Parking 3 $685,000 - $705,000
Fletchers 28 ALBERT ST, MINERS REST, VIC, 3352 Beds4 Bathrooms2 Parking 7 For Sale $700,000 - $750,000
PRD 17 PARKER ST, MINERS REST, VIC, 3352 Beds2 Bathrooms1 $749,000 - $799,000
PRD 42 AQUIVER TCE, MINERS REST, VIC, 3352 Beds Bathrooms $285,000 - $295,000

Local Schools

Miners Rest Primary School

Ballarat Secondary College

Our Lady Help of Christians School

Forest Street Primary School

Yuille Park P-8 Community College

(While the above schools are located with the suburb of Miners Rest 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.

Miners Rest weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.311.827.429.591.95.825.9
Feb1.412.226.135.593.95.821.7
Mar1.110.623.438.195.25.516.8
Apr1.57.818.649.596.94.812.3
May1.85.414.163.597.95.08.7
Jun1.93.611.274.099.04.97.2
Jul2.13.410.574.398.95.77.5
Aug1.93.311.665.198.45.610.4
Sept2.24.614.358.197.15.614.4
Oct1.66.518.149.696.45.419.8
Nov1.68.320.844.796.55.322.6
Dec1.310.324.633.793.85.625.5

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Mitchell ParkMount RowanBlowhardBald HillsSulkyWendoureeWindermereInvermayLake GardensInvermay Park

Public Transport


General Points of Interest

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