Miners Rest VIC 3352

Here you can find what you need to know about Miners Rest, 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

$395k Median Sale Price (National Average $485k) 745th In VIC
14.83% Median Price Change (1 yr) (National Average 4.30%) 331st In VIC
$360pw Median Rent (National Average $395) 635th In VIC
4.7% Median Gross Yield (National Average 4.24%) 305th In VIC
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Properties sold 79
Average discounting -3.42%
Average Days on Market 47
Stock on Market 23 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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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.

Miners Rest, 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.

Miners Rest, 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.

Miners Rest, 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.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Miners Rest


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State Auction Clearance Rates - January 2019

Auctions Clearance rate
VIC 4 0%
NSW 7 0%
QLD 13 17%
SA 2 50%
TAS 1 0%

Local Schools


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Suburb Information

Miners Rest, VIC 3352

Part of: Ballarat Council No data available

The size of Miners Rest is approximately 30.8 square kilometres. The population of Miners Rest in 2011 was 2,542 people. By 2016 the population was 3,089 showing a population growth of 21.5% in the area during that time. The predominant age group in Miners Rest is 0-9 years. Households in Miners Rest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Miners Rest work in a professional occupation. In 2011, 84.6% of the homes in Miners Rest were owner-occupied compared with 81.4% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Miners Rest

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Miners Rest   for Houses in last 12 months


There have been 80 Houses sold in Miners Rest in the past 12 months with a median sale price of $395K, up 12.86% annually. It takes on average 45 days to sell with vendor discounting of -3.31%.

Streets in Miners Rest


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