Mount Rowan
VIC, 3352 - Ballarat

Thinking about buying in Mount Rowan? Now could not be a better time, with just 146 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,095,000 with prices in this suburb ranging from $625,000 to $2,772,000. The aproximate distance to the coast is 77 Km.

Household Makeup

Median Weekly Rent $292.50
Median Monthly Mortgage $1340.00
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 44.50
Average Income $643.50
Average Cars Per Dwelling 1.80
Average Properties Within 50M 2

Housing Stock

Average Property Prices

3 Bed  $734,000
4 Bed  $1,081,000
5 Bed  $1,149,000

Mount Rowan Real Estate Market Outlook

In Mount Rowan 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 Mount Rowan 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 Mount Rowan 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 Mount Rowan 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 Mount Rowan

Buxton 37 CUMMINS RD, MOUNT ROWAN, VIC, 3352 Beds6 Bathrooms3 Parking 2 $1,760,000
Fletchers 780 MIDLAND HWY, MOUNT ROWAN, VIC, 3352 Beds4 Bathrooms2 Parking 8 For Sale $845,000 - $875,000

Local Schools

Ballarat Secondary College

Forest Street Primary School

Our Lady Help of Christians School

Yuille Park P-8 Community College

(While the above schools are located with the suburb of Mount Rowan 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.

Mount Rowan weather - Average Local Climate by month

Min (°C)
Max (°C)
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(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

InvermayInvermay ParkWendoureeSulkyMiners RestBallarat NorthChapel FlatMitchell ParkLake GardensLake Wendouree

Public Transport

General Points of Interest

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