Ballarat Central, VIC 3350
Ballarat Central property market
Ballarat Central is a mixed market — house sales lead, but only narrowly, with 171 sales (sharply up 34.6%) at around $678.5k (up 16.5%) as of July 2026, taking about 54 days to sell (up from 50 days last year), among Victoria's strongest house price gains, around half are 3-bedroom.
House rentals are close behind, with 171 leases (down 8.6%) at $445 a week (up 6%), renting out in about 17 days (down from 26 days last year), among the country's most in-demand house rental markets, with 3-bedroom homes making up around 60%. Followed by 63 unit rentals at $385 a week. 56 unit sales at around $425k (among Victoria's strongest unit price gains).
Who lives hereA middle-income, renter-heavy, mixed-age suburb — very walkable.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Ballarat Central demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Ballarat Central?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Ballarat Central
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Ballarat Central
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 1.9× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Ballarat Central
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Ballarat Central
5 schools inside Ballarat Central, plus the closest options around it. Families can choose from 50 primary schools in Ballarat Central and its surrounds, and 12 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Ballarat Central · 5Order by
- 1Ballarat Clarendon CollegeIndependent · Combined · Co-ed · Years Prep-12 · Within suburbState RankP Top 1%S Top 1%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students370Multilingual50%ICSEA Rank50th
- 2Ballarat Primary School (Dana Street)Government · Primary · Co-ed · Years Prep-6 · Within suburbState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students370Multilingual50%ICSEA Rank50th
- 3St Patrick's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 4St Patrick's CollegeCatholic · Secondary · Co-ed · Years 7-12 · Within suburbState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 5Sovereign Hill SchoolGovernment · Special · Within suburbState Rank—English—Maths—Students—Multilingual—ICSEA Rank—
- Nearby · within 5 km · 54
- 6Loreto CollegeCatholic · Secondary · Co-ed · Years 7-12 · Ballarat · 4.3 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students370Multilingual50%ICSEA Rank50th
- 7Ballarat GrammarIndependent · Combined · Co-ed · Years Prep-12 · Wendouree · 4.3 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students370Multilingual50%ICSEA Rank50th
- 8Ballarat Christian CollegeIndependent · Combined · Co-ed · Years Prep-12 · Sebastopol · 4.3 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students370Multilingual50%ICSEA Rank50th
- 9St Francis Xavier SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ballarat East · 4.3 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students370Multilingual50%ICSEA Rank50th
- 10Haddon Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Haddon · 4.3 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students370Multilingual50%ICSEA Rank50th
- 11Napoleons Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Napoleons · 4.3 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students370Multilingual50%ICSEA Rank50th
- 12St Augustine's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Creswick · 4.3 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students370Multilingual50%ICSEA Rank50th
- 13Mount Blowhard Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Blowhard · 4.3 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students370Multilingual50%ICSEA Rank50th
- 14Pleasant Street Primary School (Ballarat)Government · Primary · Co-ed · Years Prep-6 · Lake Wendouree · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 15Macarthur Street Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Soldiers Hill · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 16Newington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ballarat · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 17St Columba's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ballarat North · 4.3 kmState Rank—English—Maths—Students370Multilingual1%ICSEA Rank50th
- 18Black Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ballarat · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 19Mount Pleasant Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ballarat · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 20St Alipius' Parish SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ballarat East · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 21St Aloysius' SchoolCatholic · Primary · Co-ed · Years Prep-6 · Redan · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 22Ballarat North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ballarat · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 23Ballarat Specialist SchoolGovernment · Special · Co-ed · Years U · Lake Gardens · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 24Canadian Lead Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ballarat East · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 25Ballarat High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Lake Gardens · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 26Wendouree Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wendouree · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 27Phoenix P-12 Community CollegeGovernment · Combined · Co-ed · Years Prep-12 · Sebastopol · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 28Lumen Christi SchoolCatholic · Primary · Co-ed · Years Prep-6 · Delacombe · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 29Delacombe Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Delacombe · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 30Woodmans Hill Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Ballarat East · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 31Caledonian Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brown Hill · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 32Sebastopol Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Sebastopol · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 33Alfredton Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Alfredton · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 34Forest Street Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wendouree · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 35Our Lady Help of Christians SchoolCatholic · Primary · Co-ed · Years Prep-6 · Wendouree · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 36Yuille Park Community CollegeGovernment · Combined · Co-ed · Years Prep-12 · Wendouree · 4.3 kmState Rank—English—Maths—Students370Multilingual1%ICSEA Rank50th
- 37St Thomas More SchoolCatholic · Primary · Co-ed · Years Prep-6 · Alfredton · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 38Little Bendigo Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Nerrina · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 39Mount Rowan Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Wendouree · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 40Invermay Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Invermay · 4.3 kmState Rank—English—Maths—Students370Multilingual1%ICSEA Rank50th
- 41St James' SchoolCatholic · Primary · Co-ed · Years Prep-6 · Sebastopol · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 42Mount Clear Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mount Clear · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 43Mount Clear CollegeGovernment · Secondary · Co-ed · Years 7-12 · Mount Clear · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 44Damascus CollegeCatholic · Secondary · Co-ed · Years 7-12 · Mount Clear · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 45Emmaus Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Mount Clear · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 46Lucas Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lucas · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 47Magpie Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Magpie · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 48Siena Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Lucas · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 49Warrenheip Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Warrenheip · 4.3 kmState Rank—English—Maths—Students370Multilingual1%ICSEA Rank50th
- 50Glen Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glen Park · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 51Ballarat Steiner SchoolIndependent · Primary · Co-ed · Years Prep-6 · Mount Helen · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 52Miners Rest Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Miners Rest · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 53Buninyong Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Buninyong · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 54Bungaree Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bungaree · 4.3 kmState Rank—English—Maths—Students370Multilingual1%ICSEA Rank50th
- 55St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Clarkes Hill · 4.3 kmState Rank—English—Maths—Students370Multilingual1%ICSEA Rank50th
- 56Creswick Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Creswick · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 57Creswick North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Creswick · 4.3 kmState Rank—English—Maths—Students370Multilingual1%ICSEA Rank50th
- 58Woady Yaloak Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Smythesdale · 4.3 kmState Rank—English—Maths—Students370Multilingual50%ICSEA Rank50th
- 59Lal Lal Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lal Lal · 4.3 kmState Rank—English—Maths—Students370Multilingual1%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Ballarat Central median house price & rent
Headline price, rent, yield and time on market for Ballarat Central — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Ballarat Central property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Ballarat Central
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Ballarat Central against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Ballarat Central in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Severe shortage | 1.1 | ▼ -4.1 | 3 | 32 | 2.7 | |
| Balanced | 2.7 | ▼ -0.3 | 7 | 32 | 2.7 | |
| Slightly loose | 3.4 | ▼ -4.6 | 9 | 32 | 2.7 | |
| Loose | 4.0 | ▼ -1.5 | 11 | 32 | 2.7 | |
| Loose | 5.3 | ▲ +1.6 | 14 | 32 | 2.7 | |
| Loose | 5.5 | ▲ +2.5 | 15 | 32 | 2.7 | |
| Loose | 5.6 | ▲ +2.2 | 15 | 32 | 2.7 | |
| Loose | 6.6 | ▲ +2.6 | 18 | 32 | 2.7 |
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Tight | 0.4 | ▼ -1.4 | 1 | 38 | 3.2 | |
| Tight | 0.5 | ▼ -1.5 | 2 | 38 | 3.2 | |
| National typical | 0.7 | ▼ -0.8 | 2 | 38 | 3.2 | |
| Loose | 1.3 | ▲ +0.2 | 4 | 38 | 3.2 | |
| Loose | 1.5 | ▲ +0.3 | 5 | 38 | 3.2 | |
| Oversupply | 2.0 | ▲ +0.5 | 6 | 38 | 3.2 | |
| Oversupply | 2.1 | ▲ +0.1 | 7 | 38 | 3.2 | |
| Oversupply | 2.5 | ▲ +1.2 | 8 | 38 | 3.2 |
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Ballarat Central — Units & Houses, all bedrooms
Ballarat Central median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Ballarat Central fell from $459k (Jul 2021) to $400k (Jun 2026) — a 12.8% decline over five years — peaking at $621k between Sep 2021 and Aug 2022. Median house rent went from $228/wk to $271/wk (+18.9%) over the same period. For units, the median sale price rose from $242k to $294k (+21.2%), with rent down from $226/wk to $203/wk (−10.2%) over the same period.
Suburbs near Ballarat Central: prices compared
The nearest suburbs to Ballarat Central, ranked by distance — each lined up against Ballarat Central on the same measures, so the differences jump out at a glance.
Suburbs like Ballarat Central
Suburbs anywhere in VIC that behave like Ballarat Central — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Ballarat Central vs Ballan: the closest sales-market match trades at a median of $378k against Ballarat Central's $467k — about 19% lower, with homes selling in 30 days versus 39 days here.
Comparable sales markets to Ballarat Central: Ballan house prices, Brown Hill market trends, Eynesbury median house price, Mount Helen average house price and Beveridge property prices.
Ballarat Central's closest rental-market twins: Brown Hill (VIC 3350), Eynesbury property market, Mount Helen property prices, Ballan house prices and Beveridge market trends. Each link opens that suburb's full market report.
Frequently asked · Ballarat Central
26 data-driven answers about Ballarat Central's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Ballarat Central?
#The median house price in Ballarat Central, VIC 3350 is $467k as of June 2026, based on 31 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Ballarat Central?
#The median unit price in Ballarat Central, VIC 3350 is $467k as of June 2026, based on 31 sales over the past 12 months. Units have moved +50.0% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Ballarat Central?
#The median weekly house rent in Ballarat Central is $295 as of June 2026, drawn from 41 leases over the past 12 months. Units rent for around $295 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Ballarat Central?
#A 3 bedroom house in Ballarat Central rents for a median $295 per week as of June 2026, drawn from 41 leases over the past 12 months. Across other house sizes: 2-bedroom $295/week, 4-bedroom $295/week. Unit rents: 1-bedroom $295/week, 2-bedroom $295/week, 3-bedroom $295/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Ballarat Central?
#Gross rental yield in Ballarat Central is 3.31% for houses and 3.31% for units as of June 2026, compared with the VIC unit median of 4.29%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Ballarat Central?
#As of June 2026, Ballarat Central medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $467k | $467k | $467k | $467k |
| Units | $467k | $467k | $467k | — | $467k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Ballarat Central median?
#At the median Ballarat Central house ($467k purchase, $295/week rent), weekly mortgage repayments sit at roughly $530 — about $235 more per week than renting. That gap is the ownership premium. For the median unit ($467k purchase, $295/week rent), repayments run about $530 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Ballarat Central's property market trends?
#Ballarat Central's property market trends to June 2026: house prices rose +50.0% year-on-year and units +50.0%; weekly house rents moved +50.0%; homes now sell in a median 39 days — faster than a year ago by 1; sales supply sits at 5.3 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Ballarat Central market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Ballarat Central as an investment?
#As of June 2026 in Ballarat Central, house prices rose +50.0% over the year, gross rental yield is 3.31% against a VIC median of 2.70%, houses take a median 39 days to sell, sales supply is 5.3 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Ballarat Central?
#Houses in Ballarat Central sell in a median 39 days on market as of June 2026, with units clearing slightly similarly at 39 days. Days on market have tightened by 1 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Ballarat Central a tight or loose property market right now?
#Ballarat Central's sales market sits at 5.3 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.4 months of supply.
Have property prices in Ballarat Central gone up or down?
#House prices in Ballarat Central moved +50.0% over the 12 months to June 2026, while units moved +50.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Ballarat Central?
#Ballarat Central's house rental market sits at 0.4 months of supply as of June 2026 — classified as Severe (extreme shortage), with 38 houses leased over the past 12 months. Units sit at 2.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Ballarat Central in its property market cycle?
#Ballarat Central's house market is currently in the 'softer_weakening' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Ballarat Central compare to other VIC suburbs?
#Ballarat Central's median house price ($467k) is 25% below the VIC median ($620k) as of June 2026. On selling speed, houses clear in 39 days vs 23 days state median. On gross yield, Ballarat Central sits at 3.31% vs 2.70% state median.
How does Ballarat Central compare to neighbouring suburbs?
#Ballarat Central's most-similar nearby market is Ballan (27.6 km away) with a median house price of $378k — about 19% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Ballarat Central?
#The most-transacted segment in Ballarat Central over the 12 months to June 2026 is 2 bed houses with 32 sales. 3 bed houses come second at 32 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Ballarat Central last year?
#Ballarat Central recorded 32 house sales and 32 unit sales over the 12 months to June 2026 — a combined 64 transactions. On the rental side, 38 houses and 38 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Ballarat Central in?
#Ballarat Central is in postcode 3350, in the Ballarat region of VIC. Addresses there are written as Ballarat Central, VIC 3350.
What is the population of Ballarat Central?
#Ballarat Central, VIC 3350 is home to 2,799 residents (ABS Census 2021). The median resident age is 35, and the average household holds 1.5 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Ballarat Central?
#The median household in Ballarat Central earns $1k per week — roughly $54k a year (ABS Census 2021). Median personal income runs $548/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Ballarat Central?
#The unemployment rate in Ballarat Central is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Ballarat Central?
#Ballarat Central is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Ballarat Central?
#Ballarat Central has 59 schools within reach, 5 of them inside the suburb itself — including St Patrick's School, Ballarat Primary School (Dana Street), Ballarat Clarendon College. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Ballarat Central a good place to live?
#Ballarat Central, VIC 3350 has a population of 2,799, a median age of 35, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 59 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Ballarat Central market data last updated?
#This Ballarat Central market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.