Ballarat Central VIC 3350

Here you can find what you need to know about Ballarat Central, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$430k Median Sale Price (National Average $485k) 499th In VIC
5.52% Median Price Change (1 yr) (National Average 4.30%) 447th In VIC
$300pw Median Rent (National Average $395) 495th In VIC
3.6% Median Gross Yield (National Average 4.24%) 211th In VIC
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Properties sold 141
Average discounting -3.14%
Average Days on Market 58
Stock on Market 33 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Ballarat Central, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Ballarat Central, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Ballarat Central, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Ballarat Central


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State Auction Clearance Rates - November 2018

Auctions Clearance rate
VIC 1,127 46%
ACT 108 40%
NSW 844 42%
NT 12 27%
QLD 139 34%
SA 123 46%
TAS 3 67%
WA 42 21%

Local Schools


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Suburb Information

Ballarat Central, VIC 3350

Part of: Ballarat Council No data available

The size of Ballarat Central is approximately 3.8 square kilometres. It has 4 parks covering nearly 3.1% of total area. The population of Ballarat Central in 2011 was 5,464 people. By 2016 the population was 5,333 showing a population decline of 2.4% in the area during that time. The predominant age group in Ballarat Central is 20-29 years. Households in Ballarat Central are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat Central work in a professional occupation. In 2011, 56.8% of the homes in Ballarat Central were owner-occupied compared with 56.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Ballarat Central

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Ballarat Central   for Houses in last 12 months


There have been 141 Houses sold in Ballarat Central in the past 12 months with a median sale price of $430K, up 5.52% annually. It takes on average 58 days to sell with vendor discounting of -3.14%.

Streets in Ballarat Central


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