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Suburbs›VIC›Ballarat›Miners Rest

Miners Rest, VIC 3352

Property data updated June 2026·3,829 residents
Last 12 months snapshot
85 sales · 43 leases · Refreshed June 2026

Miners Rest, VIC 3352 market activity

Miners Rest is mostly about buying houses, with 83 sales (up 12.2%) at around $641K (up 10.8%), taking about 28 days to sell (down a lot from 43 days last year), with prices growing faster than most house markets in Victoria, mostly 4-bedroom (around two-thirds).

House rentals are the only other notable market, with 41 leases at $480 a week (up), renting out in about 16 days (down from 23 days last year), with rents growing faster than most house rental markets in Victoria, with 3-bedroom and 4-bedroom about even at around 45% each. Followed by 2 unit rentals at $420 a week and 2 unit sales at around $556K.

Above-average incomeFamily heartlandMortgage-belt

Who lives hereAn above-average-income, mortgage-belt, family-first suburb.

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

Snapshot

Population
3,829
Median age
33yrs
Avg household
2.8people
Male · Female
49% · 51%
Owner-occupied
82%
Renting
17%
Families with kids
44%
Couples, no kids
30%
Born overseas
8.4%
Year 12+ⓘ
53%

Miners Rest on the map

30.1 km²
Loading map
Ranked against all suburbs
How well-off · ABS SEIFA 2021 · vs Australia
Overall advantageⓘ
Top 46%
decile 6/10
IRSAD — Index of Relative Socio-economic Advantage & Disadvantage. Combines income, education, occupation and housing. Higher = more advantaged overall.
Economic resourcesⓘ
Top 29%
decile 8/10
IER — Index of Economic Resources. Household income, rent/mortgage costs and dwelling size. Higher = more economic resources (lots of renters or students pulls it down).
Education & jobsⓘ
Bottom 41%
decile 5/10
IEO — Index of Education and Occupation. Residents’ qualifications and skilled occupations. Higher = a more educated, higher-skilled workforce.
IncomeMedian household incomeProfessionalsShare who are managers or professionalsDiversityBirthplace diversityMortgage stressMortgage repayments as a share of incomeTrain / busCommute by public transportNo carHouseholds with no carNew moversMoved in within the last yearRent stressRent as a share of income
Hover a point for its percentile · – – – median
LowMedianHighPercentile
Median household incomeⓘMiddle weekly income of all households — half earn more, half less.Top 31%Median household income · $1,983/wk — above average: in the top 31%, higher household income than 69% of Aussie suburbs.
Rent stress (rent ÷ income)ⓘMedian weekly rent as a share of median weekly household income — a rough rental-affordability gauge. Higher = rent takes a bigger bite.Bottom 32%Rent stress · 18% — below average: in the bottom 32%, less rent stress than 68% of Aussie suburbs.
Mortgage stress (repay ÷ income)ⓘMedian mortgage repayment (converted to weekly) as a share of median weekly household income. Higher = repayments take a bigger bite.Bottom 9%Mortgage stress · 18% — among the lowest: in the bottom 9%, less mortgage stress than 91% of Aussie suburbs.
Birthplace diversityⓘChance two random residents were born in different countries — 0 = everyone the same, 1 = all different.Bottom 16%Birthplace diversity · 0.16 — well below average: in the bottom 16%, less diverse than 84% of Aussie suburbs.
Born overseasⓘResidents born outside Australia, of those who stated a birthplace.Bottom 16%Born overseas · 8.4% — well below average: in the bottom 16%, 84% of Aussie suburbs have more overseas-born residents than this suburb.
Managers & professionalsⓘEmployed residents who work as managers or professionals.Bottom 30%Managers & professionals · 28% — below average: in the bottom 30%, 70% of Aussie suburbs have more professionals than this suburb.
Unemployment rateⓘShare of the labour force (people working or actively looking) who are unemployed — not a share of all residents.Bottom 12%Unemployment rate · 2.3% — well below average: in the bottom 12%, less unemployment than 88% of Aussie suburbs.
Public transport to workⓘCommuters who travelled to work by train, bus, ferry or tram, of those who travelled.Bottom 46%Public transport to work · 0.6% — typical: right around the median for Aussie suburbs.
No motor vehicleⓘHouseholds with no motor vehicle.Bottom 26%No motor vehicle · 0.9% — below average: in the bottom 26%, 74% of Aussie suburbs have more car-free households than this suburb.
High-rise apartmentsⓘOccupied dwellings that are apartments in 4-storey-or-higher blocks.Bottom 1%High-rise apartments · 0.0% — among the lowest: in the bottom 1%, 100% of Aussie suburbs have more high-rise apartments than this suburb.
Settled 5+ yearsⓘResidents living at the same address as five years ago — how settled the community is.Bottom 21%Settled 5+ years · 54% — well below average: in the bottom 21%, 79% of Aussie suburbs have more long-settled residents than this suburb.
This suburb Typical range · 25–75th Median
How this suburb comparesPosition among all Australian suburbs — “Top 10%” means higher than 90% of them.
LowMedianHighPercentile
LowMedianHighPercentile
Owner-occupiedⓘHouseholds that own their home — outright or with a mortgage.Top 34%Owner-occupied · 82% — above average: in the top 34%, more owner-occupiers than 66% of Aussie suburbs.
RentingⓘHouseholds renting their home.Bottom 41%Renting · 17% — typical: right around the median for Aussie suburbs.
Owned outrightⓘHouseholds that own their home outright, with no mortgage.Bottom 15%Owned outright · 24% — well below average: in the bottom 15%, 85% of Aussie suburbs have more outright owners than this suburb.
Owned with mortgageⓘHouseholds buying their home with a mortgage.Top 4%Owned with mortgage · 59% — among the highest: in the top 4%, more mortgaged owners than 96% of Aussie suburbs.
Separate housesⓘOccupied dwellings that are standalone (detached) houses.Top 25%Separate houses · 99% — well above average: in the top 25%, more detached houses than 75% of Aussie suburbs.
ApartmentsⓘOccupied dwellings that are flats or apartments, any height.Top 46%Apartments · 0.5% — typical: right around the median for Aussie suburbs.
Median personal incomeⓘMiddle weekly income of individuals aged 15+.Top 22%Median personal income · $927/wk — well above average: in the top 22%, higher personal income than 78% of Aussie suburbs.
Median family incomeⓘMiddle weekly income of families.Top 38%Median family income · $2,142/wk — above average: in the top 38%, higher family income than 62% of Aussie suburbs.
Low earners (<$500/wk)ⓘResidents earning under $500 per week.Bottom 14%Low earners · 28% — well below average: in the bottom 14%, 86% of Aussie suburbs have more low earners than this suburb.
Low-income households (<$650/wk)ⓘHouseholds with a total income under $650 per week.Bottom 11%Low-income households · 7.6% — well below average: in the bottom 11%, 89% of Aussie suburbs have more low-income households than this suburb.
Full-time workersⓘResidents in the labour force who are employed full-time.Top 9%Full-time workers · 46% — among the highest: in the top 9%, more full-time workers than 91% of Aussie suburbs.
Part-time workersⓘEmployed residents working part-time, of all employed.Bottom 42%Part-time workers · 33% — typical: right around the median for Aussie suburbs.
Not in labour forceⓘResidents 15+ neither working nor looking for work — retirees, students, carers.Bottom 6%Not in labour force · 22% — among the lowest: in the bottom 6%, fewer out of the workforce than 94% of Aussie suburbs.
Community & personal serviceⓘEmployed residents in community and personal-service jobs — care, hospitality, security and similar.Top 26%Community & personal service · 14% — above average: in the top 26%, more care and service workers than 74% of Aussie suburbs.
Clerical & adminⓘEmployed residents in clerical and administrative jobs.Top 49%Clerical & admin · 12% — typical: right around the median for Aussie suburbs.
Sales workersⓘEmployed residents in sales jobs.Top 11%Sales workers · 10% — well above average: in the top 11%, more sales workers than 89% of Aussie suburbs.
Completed Year 12+ⓘResidents aged 15+ whose highest year of school is Year 12 or equivalent.Top 43%Completed Year 12+ · 53% — typical: right around the median for Aussie suburbs.
In educationⓘResidents currently attending school, TAFE or university — full or part time.Top 10%In education · 29% — among the highest: in the top 10%, more students than 90% of Aussie suburbs.
Children (0–14)ⓘResidents aged 0–14.Top 6%Children · 25% — among the highest: in the top 6%, more children than 94% of Aussie suburbs.
Seniors (65+)ⓘResidents aged 65 and over.Bottom 10%Seniors · 9.9% — well below average: in the bottom 10%, 90% of Aussie suburbs have more seniors than this suburb.
Youth dependencyⓘChildren (0–14) for every 100 working-age residents aged 15–64.Top 8%Youth dependency · 38.26 — among the highest: in the top 8%, more children per worker than 92% of Aussie suburbs.
Total dependencyⓘChildren (0–14) plus seniors (65+) for every 100 working-age residents aged 15–64.Bottom 33%Total dependency · 53.43 — below average: in the bottom 33%, fewer dependants per worker than 67% of Aussie suburbs.
Australian citizensⓘResidents who are Australian citizens — Australian-born and naturalised.Top 9%Australian citizens · 94% — among the highest: in the top 9%, more Australian citizens than 91% of Aussie suburbs.
Both parents born overseasⓘResidents whose mother and father were both born overseas — the second generation.Bottom 17%Both parents born overseas · 11% — well below average: in the bottom 17%, 83% of Aussie suburbs have more second-generation residents than this suburb.
Established migrants (pre-2011)ⓘOf overseas-born residents, the share who arrived before 2011 — higher = a long-settled migrant community.Bottom 22%Established migrants · 66% — well below average: in the bottom 22%, 78% of Aussie suburbs have more long-settled migrants than this suburb.
Vehicles per dwellingⓘAverage number of motor vehicles per household.Bottom 20%Vehicles per dwelling · 1.00 — well below average: in the bottom 20%, fewer vehicles per home than 80% of Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb

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.

Census · ABS 2021

Who lives here

The age structure, household make-up, and cultural fabric of the people who call this suburb home.

Age & sex3,829 residentsMaleFemale
85+0.1% · 40.4% · 1780-840.4% · 170.3% · 1175-790.7% · 271.0% · 3770-741.3% · 511.3% · 5065-692.1% · 812.1% · 8160-641.9% · 712.5% · 9555-593.2% · 1222.7% · 10250-542.5% · 963.2% · 12345-493.1% · 1183.0% · 11440-443.2% · 1213.9% · 14935-394.5% · 1734.7% · 17930-344.0% · 1524.0% · 15425-293.7% · 1404.3% · 16520-242.5% · 962.6% · 10115-193.2% · 1232.6% · 10010-144.1% · 1583.5% · 1345-94.8% · 1834.5% · 1710-44.1% · 1554.1% · 155◀ MaleFemale ▶

Share of all residents by 5-year band · hover a band for the count + split

Life stage
25%
11%
16%
28%
Children0–1425%Youth15–2411%Young adults25–3416%Midlife35–5428%Mature55–6410%Seniors65+9.9%
Household composition
16%
30%
44%
Lone person16%Couples, no kids30%Families with kids44%Other families7.8%Group / share2.7%
2.8 people / household0.8 persons / bedroom12% are 5+ person
Household sizepersons per dwelling
16%1
34%2
17%3
21%4
8.1%5
3.5%6+
Cultural make-upshare of residents · diversity = odds two differ
Born overseasⓘResidents born outside Australia, as a share of those who stated a birthplace.8.4%
Other language at homeⓘResidents who mainly speak a language other than English at home — counts the language used, not how well English is spoken.4.6%
Limited EnglishⓘResidents who speak English “not well” or “not at all”. A language-barrier measure, not bilingualism — many who speak another language at home still speak English well.0.7%
Both parents overseasⓘResidents whose mother and father were both born overseas — the Australian-born-to-migrants “second generation”, distinct from being born overseas yourself.11%
Australian citizensⓘResidents who are Australian citizens — both Australian-born and people who have since naturalised.94%
Birthplace diversity16%
Chance two random residents were born in different countries
Language diversity10%
Chance two random residents speak different languages at home
Religious diversity51%
Chance two random residents follow different religions
Where residents were bornoverseas origins
England2.0%
New Zealand0.9%
Elsewhere0.8%
South Africa0.6%
India0.4%
Pakistan0.4%
Philippines0.4%
Germany0.4%
Born in Australia92%
Languages at homeother than English
Other0.8%
German0.5%
Urdu0.4%
Afrikaans0.3%
Mandarin0.3%
Hindi0.3%
Cantonese0.2%
Japanese0.2%
English only95%
Ancestry% reporting · multi-response
Australian48%
English43%
Irish14%
Scottish12%
German4.4%
Dutch3.7%
Faith & belieftap Christianity
No religion55%
▸Christianity44%
Islam0.8%
Buddhism0.5%
Hinduism0.4%
Other religions0.2%

14% report Irish ancestry, but only 0.2% were born in Ireland — the gap is the Australian-born and diaspora Irish community, invisible in birthplace alone.

Family originsparents’ birthplace
11%
79%
Both parents overseas11%One parent overseas9.5%Both parents in Australia79%

A predominantly Australian-born community.

When migrants arrivedshare of overseas-born
Before 198132%
1981-200013%
2001-201020%
2011-201517%
2016-202117%

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.

Census · ABS 2021

Affordability, Ownership & Housing

What it costs to live here, who owns versus rents, and the shape of the housing stock.

Affordability at a glance
LowMedianHighPercentile
Median weekly rentⓘMiddle weekly rent paid by renting households.Top 40%Median weekly rent · $360/wk — above average: in the top 40%, higher rent than 60% of Aussie suburbs.
Median monthly mortgageⓘMiddle monthly mortgage repayment among households with a mortgage.Bottom 34%Median monthly mortgage · $1,517/mo — below average: in the bottom 34%, lower mortgages than 66% of Aussie suburbs.
Rent stress (rent ÷ income)ⓘMedian weekly rent as a share of median weekly household income — a rough rental-affordability gauge. Higher = rent takes a bigger bite.Bottom 32%Rent stress · 18% — below average: in the bottom 32%, less rent stress than 68% of Aussie suburbs.
Mortgage stress (repay ÷ income)ⓘMedian mortgage repayment (converted to weekly) as a share of median weekly household income. Higher = repayments take a bigger bite.Bottom 9%Mortgage stress · 18% — among the lowest: in the bottom 9%, less mortgage stress than 91% of Aussie suburbs.
High mortgage (≥$3k/mo)ⓘMortgaged households repaying $3,000 or more per month.Bottom 28%High mortgage · 4.7% — below average: in the bottom 28%, 72% of Aussie suburbs have more big mortgages than this suburb.
Social housingⓘHouseholds renting from a state housing authority or community housing provider.Bottom 48%Social housing · 0.3% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Bedrooms per dwellingshare of dwellings
0.0%0
0.5%1
2.1%2
45%3
49%4
3.9%5
0.5%6+
Who owns vs rentsoccupied dwellings
24%
59%
17%
Owned outright24%Mortgage59%Renting17%Other0.5%
What’s built heredwelling types
99%
House99%Townhouse0.7%Apartment0.5%
99% separate houses0.5% apartments0.0% high-rise

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.

Census · ABS 2021

Economy & Work

Incomes, employment, and the occupation mix of the people who live here.

Income & work at a glance
LowMedianHighPercentile
Median personal incomeⓘMiddle weekly income of individuals aged 15+.Top 22%Median personal income · $927/wk — well above average: in the top 22%, higher personal income than 78% of Aussie suburbs.
Median family incomeⓘMiddle weekly income of families.Top 38%Median family income · $2,142/wk — above average: in the top 38%, higher family income than 62% of Aussie suburbs.
Managers & professionalsⓘEmployed residents who work as managers or professionals.Bottom 30%Managers & professionals · 28% — below average: in the bottom 30%, 70% of Aussie suburbs have more professionals than this suburb.
High earners (≥$2k/wk)ⓘResidents earning $2,000 or more per week.Bottom 48%High earners · 9.9% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Occupations
LowMedianHighPercentile
Managers & professionalsⓘEmployed residents who work as managers or professionals.Bottom 30%Managers & professionals · 28% — below average: in the bottom 30%, 70% of Aussie suburbs have more professionals than this suburb.
Clerical & adminⓘEmployed residents in clerical and administrative jobs.Top 49%Clerical & admin · 12% — typical: right around the median for Aussie suburbs.
Community & personal serviceⓘEmployed residents in community and personal-service jobs — care, hospitality, security and similar.Top 26%Community & personal service · 14% — above average: in the top 26%, more care and service workers than 74% of Aussie suburbs.
Sales workersⓘEmployed residents in sales jobs.Top 11%Sales workers · 10% — well above average: in the top 11%, more sales workers than 89% of Aussie suburbs.
Technicians, trades & labourersⓘEmployed residents in technical/trade, machinery-operating and labouring jobs.Top 43%Technicians, trades & labourers · 35% — typical: right around the median for Aussie suburbs.
Household incomeheight = share of households · weekly
% of households$0$300$650$1.5k$2.5k$4k+
Personal incomeheight = share of residents 15+ · weekly
% of residents 15+$0$300$650$1k$1.8k$3.5k+

A typical household pulls in about 2.1× the typical individual — a multi-earner area.

Labour forceemployment status · residents 15+
46%
25%
22%
Employed full-time46%Employed part-time25%Employed (away/other)4.0%Unemployed1.8%Not in labour force22%
LowMedianHighPercentile
Full-time workersⓘResidents in the labour force who are employed full-time.Top 9%Full-time workers · 46% — among the highest: in the top 9%, more full-time workers than 91% of Aussie suburbs.
Part-time workersⓘEmployed residents working part-time, of all employed.Bottom 42%Part-time workers · 33% — typical: right around the median for Aussie suburbs.
Unemployment rateⓘShare of the labour force (people working or actively looking) who are unemployed — not a share of all residents.Bottom 12%Unemployment rate · 2.3% — well below average: in the bottom 12%, less unemployment than 88% of Aussie suburbs.
Not in labour forceⓘResidents 15+ neither working nor looking for work — retirees, students, carers.Bottom 6%Not in labour force · 22% — among the lowest: in the bottom 6%, fewer out of the workforce than 94% of Aussie suburbs.
Labour-force participationⓘResidents 15+ who are in the labour force — working or looking for work.Top 6%Labour-force participation · 77% — among the highest: in the top 6%, more workforce participation than 94% of Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb

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.

Census · ABS 2021

Getting Around

How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.

Transport at a glance
LowMedianHighPercentile
Public transport to workⓘCommuters who travelled to work by train, bus, ferry or tram, of those who travelled.Bottom 46%Public transport to work · 0.6% — typical: right around the median for Aussie suburbs.
Walked or cycled to workⓘCommuters who walked or cycled to work, of those who travelled.Bottom 35%Walked or cycled to work · 2.2% — below average: in the bottom 35%, less walking and cycling than 65% of Aussie suburbs.
Worked from homeⓘEmployed residents who worked from home in the Census week — elevated by COVID in 2021.Bottom 46%Worked from home · 13% — typical: right around the median for Aussie suburbs.
No motor vehicleⓘHouseholds with no motor vehicle.Bottom 26%No motor vehicle · 0.9% — below average: in the bottom 26%, 74% of Aussie suburbs have more car-free households than this suburb.
Vehicles per dwellingⓘAverage number of motor vehicles per household.Bottom 20%Vehicles per dwelling · 1.00 — well below average: in the bottom 20%, fewer vehicles per home than 80% of Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Journey to workamong commuters · top modes
Car (driver)90%
Car (passenger)5.8%
Other/combined1.7%
Walked1.6%
Bicycle0.6%
Train0.4%
Bus0.3%
Vehicles per dwellingshare of households
0.9%0
24%1
48%2
17%3
9.4%4+

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 Miners Rest

1 school inside Miners Rest, plus the closest options around it. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.

Within Miners Rest1schools in the suburb itself
Primary schools1within 5 km · nearest in suburb
Secondary schools1within 5 km · nearest 5.0 km
Median ICSEA rank21stenrolment-weighted
What is ICSEA Rank?

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.

Nearby within2 schools
  • Within Miners Rest · 1Order by
  • 1
    Miners Rest Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
    State Rank—English—Maths—Students353Multilingual5%ICSEA Rank44th
  • Nearby · within 5 km · 1
  • 2
    Mount Rowan Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Wendouree · 5.0 km
    State Rank—English—Maths—Students678Multilingual6%ICSEA Rank21st
Government

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.


Census · ABS 2021

Turnover

How settled or transient the community is — and where newcomers came from.

Settledness at a glance
LowMedianHighPercentile
Settled 5+ yearsⓘResidents living at the same address as five years ago — how settled the community is.Bottom 21%Settled 5+ years · 54% — well below average: in the bottom 21%, 79% of Aussie suburbs have more long-settled residents than this suburb.
Moved in past yearⓘResidents living at a different address one year earlier.Bottom 43%Moved in past year · 12% — typical: right around the median for Aussie suburbs.
Arrived from overseas (5 yr)ⓘResidents who arrived in Australia from overseas within the past five years.Bottom 43%Arrived from overseas · 1.6% — typical: right around the median for Aussie suburbs.
This suburb Typical range (middle 50%) Median suburb
Where residents lived 5 years agoof those who stated
54%
33%
Same address54%Moved within area11%From elsewhere in Australia33%From overseas1.6%
Residential paceshare of residents
Moved in the past yearⓘResidents living at a different address one year earlier.12%
Moved in the past 5 yearsⓘResidents not living at the same address as five years ago.46%
Arrived from overseas (5 yr)ⓘResidents who arrived in Australia from overseas within the past five years.1.6%
Property market
Market data

Snapshot

Headline price, rent, yield and time on market for Miners Rest — choose a property type and size below.

Active segment
Houses
Units
Median priceⓘLast 12 months
641kk
↑ +10.8% YoY
Days on marketⓘLast 12 months
28
↑ 15 days YoY
SoldⓘLast 12 months
83
↑ +12.2% YoY
Months of supplyⓘLast 12 months
3.0mo
Median rentⓘLast 12 months
$480/w
↑ +9.1% YoY
Days to leaseⓘLast 12 months
16
↑ 7 days YoY
LeasedⓘLast 12 months
41
↑ +24.2% YoY
Gross yieldⓘLast 12 months
3.90%
Annualised
Data confidenceSales sample83StrongLease sample41Good
Market data

Segment breakdown

Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.

Year-on-year growth · demand percentile rank 0–100
Segment
Sales
Price
DOM
Leased
Rent
DOM
Yield
Market demand
01
Houses · 4 bed55 sales · 19 leases
Sales55▲+31.0%
Price$675k▲+6.1%
Sales DOM37 days▼−13d
Leased19▲+11.8%
Rent$488/wk▲+7.3%
Rental DOM15 days▼−7d
3.80%
33/100
78/100
02
Houses · 3 bed29 sales · 19 leases
Sales29▼−6.5%
Price$604k▲+14.7%
Sales DOM15 days▼−9d
Leased19▲+35.7%
Rent$470/wk▲+13.3%
Rental DOM16 days▼−9d
4.00%
88/100
57/100
03
Houses · 2 bed7 sales · 4 leases
Sales7▲+250.0%
Price—
Sales DOM—
Leased4▲+300.0%
Rent—
Rental DOM—
—
—
—
04
Units · 3 bed1 sales · 2 leases
Sales1▼−66.7%
Price—
Sales DOM—
Leased2+0.0%
Rent—
Rental DOM—
—
—
—
05
Units · 2 bed1 sales · 0 leases
Sales1▼−50.0%
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
—
—
06
Units · 1 bed0 sales · 0 leases
Sales—
Price—
Sales DOM—
Leased—
Rent—
Rental DOM—
—
—
—
All houses
Sales83▲+12.2%
Price$641k▲+10.8%
Sales DOM28 days▼−15d
Leased41▲+24.2%
Rent$480/wk▲+9.1%
Rental DOM16 days▼−7d
3.90%
51/100
70/100
All units
Sales2▼−33.3%
Price—
Sales DOM—
Leased2▼−50.0%
Rent—
Rental DOM—
—
—
—
Market data

Where each segment ranks

Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.

Metric
Ranked against

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
2/3above median
02550 · MEDIAN75100
Percentile vs VIC
Value
Units
0/1above median
02550 · MEDIAN75100
Percentile vs VIC
Value
Market data

The buy-versus-rent equation

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.

Property
Compare to
Houses · 3 bed: +42%
Houses · Total: +48%
Houses · 4 bed: +53%
VIC MEDIAN · +50%
Rent covers itRenting matches or beats the cost of owning−10% to 0%
BalancedMortgage roughly matches asking rent+30% to +60%
Far pricier to ownBuying costs much more than renting+100% to +130%+
BreakdownLast 12 months
Holding cost
Mortgage
Rent
Premium
Band
Assumes 80% LVR·6.0% rate·30y P&I
Premium = (weekly mortgage − weekly rent) ÷ weekly rent. Band thresholds are national breakpoints across ~11,400 eligible Australian segments — the Typical premium band spans national P25 to P75, so it’s literally what’s typical.
Market data

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.

Side
View
Property
Compared against
Sales demand
3 segments · sales · vs Australia
rising
DOM change YoYis demand rising or falling?
falling
median
median
Recoveryweak but rising
Boomstrong and rising
Troughweak and falling
Peakstrong but easing
House Total
Demand index
49 / 100vs Australia
Days on market
28 days▼ −15 days YoY
Median price
$641k▲ +10.8% YoY
Sold (last year)
83▲ +12.2% YoY
House 3 bed
Demand index
83 / 100vs Australia
Days on market
15 days▼ −9 days YoY
Median price
$604k▲ +14.7% YoY
Sold (last year)
29▼ −6.5% YoY
House 4 bed
Demand index
31 / 100vs Australia
Days on market
37 days▼ −13 days YoY
Median price
$675k▲ +6.1% YoY
Sold (last year)
55▲ +31.0% YoY
weakSales demandhow strong sales demand isstrong
Property segments · coloured by market phaseHover a point for its figures
Sales demand
How strong is sales demand — and is it rising or falling?
What this shows

Each dot is one of this suburb's property segments on the sales side. Left-right shows how strong sales demand is — combining how many properties sold in the last 12 months with how quickly they sold (median days on market). Top-bottom shows whether that demand is rising or falling compared to 12 months ago.

The two axes
Sales demandX axis
how strong sales demand is

A composite of 12-month sales volume and median days on market. Higher means more sales completed faster — stronger sales demand right now.

Days on market change (Year-on-year)Y axis
is demand rising or falling?

How much faster (or slower) sales are completing compared to 12 months ago. Top half means sales are completing faster than a year ago (demand growing).

Market data

Miners Rest against the neighbourhood

Eight diagnostic views cutting the data a different way each time — Miners Rest in blue, peers in colour.

Pair
View
Property
How fast — and is it getting faster?
2 peer segments · Total house
faster
DOM change YoYvs 12 months ago
slower
median
median
Recoveringquiet but accelerating
Boomingbusy and accelerating
Stalledquiet and slowing further
Coolingbusy but slowing
House 3 bed
Demand index
83 / 100vs Australia
Days on market
15 days▼ −9 days YoY
Median price
$604k▲ +14.7% YoY
Sold (last year)
29▼ −6.5% YoY
Gross yield
4.00%
House 4 bed
Demand index
31 / 100vs Australia
Days on market
37 days▼ −13 days YoY
Median price
$675k▲ +6.1% YoY
Sold (last year)
55▲ +31.0% YoY
Gross yield
3.80%
Miners Rest · this suburb
Demand index
49 / 100vs Australia
Days on market
28 days▼ −15 days YoY
Median price
$641k▲ +10.8% YoY
Sold (last year)
83▲ +12.2% YoY
Gross yield
3.90%
slowDays on marketmedian days to sellfast
This suburb Property segments · coloured by market phaseHover a point for its figures
PAIR 01 OF 08
How fast — and is it getting faster?
What this shows

Combines the current median days on market with how much faster or slower it is changing compared to last year. Top-right means a fast-selling market that is getting faster compared to last year — peak demand.

The two axes
Days on marketX axis
median days to sell

Median days a property sits on the market before selling. Right side = fewer days (faster).

Days on market change (Year-on-year)Y axis
vs 12 months ago

How much faster (or slower) sales are completing compared to 12 months ago. Top = sales completing faster than a year ago.

Market data

How much stock is available right now?

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.

View
Sales market
SegmentBandMonths of supply leftYoYYoY 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.
median
Rental market
SegmentBandMonths of supply leftYoYYoY 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.
median
Severe
Very Tight
Tight
Balanced
Loose
Very Loose
Saturated
Under-suppliedOver-supplied
Market data

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.

Property
Miners Rest — Units & Houses, all bedrooms
Jun 2021 – May 2026 · each point = a 12-month window
0%25%50%75%100%20222023202420252026
Sales · buyer transactions
Leases · tenant transactions
Latest tenant share · trailing year
32.6%

of Miners Rest's transactions in the year to May 2026 were leases.

5-year shift

Tenant share moved ↓ 2.6 pts since the 12 months ending Jun 2021, from 35.2% to 32.6%.

Market data

Five-year arc — how this market has moved

Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.

Property
Bedrooms
Median price (trailing year)
May 2026
$648k+14.4%
5y median $590kvs last year $566k
Total sales (trailing year)
May 2026
87+17.6%
5y median 70vs last year 74
Days on market (trailing year)
May 2026
37 days-15
5y median 52 daysvs last year 52 days
Median rent (trailing year)
May 2026
$480/wk+9.1%
5y median $425/wkvs last year $440/wk
Total leases (trailing year)
May 2026
41+24.2%
5y median 40vs last year 33
Days on market (rental) (trailing year)
May 2026
16 days-6
5y median 22 daysvs last year 22 days
Gross yield (trailing year)
May 2026
3.85%-0.19 pt
5y median 3.83%vs last year 4.04%
Months of supply
May 2026
3.2 months-11.1%
5y median 3.6 monthsvs last year 3.6 months
Months of supply (rental)
May 2026
0.9 months-18.2%
5y median 1.9 monthsvs last year 1.1 months
Market data

Nearby markets

Every market within reach of Miners Rest, ranked by distance — each compared against this suburb's Houses · Total segment so divergence reads at a glance.

Market
Property
Bedrooms
Radius
Colour by
This marketMiners RestVIC 3352 · Houses · Total
Price$641k
DOM28 days
Sold83
2 markets within 5kmLast 12 months
01
Mitchell ParkVIC 3355 · 3.1km · Houses · Total
Price$491k
DOM27 days
Sold20
cheapersimilar speed
02
Mount RowanVIC 3352 · 4.3km · Houses · Total
Price$792k
DOM92 days
Sold2
priciermuch slower
Loading map
Houses · TotalSales market
Stat colourHow each suburb's stat compares to Miners Rest
Much lowerLowerSimilarHigherMuch higher
Market data

Similar markets

VIC markets whose Houses · Total segment behaves most like Miners Rest's on the buy side — ranked by a like-for-like blend of price, yield, days on market, ownership cost and cycle phase.

Colour by
Property
Bedrooms
Market
Loading map
This marketMiners RestVIC 3352 · Houses · Total
Price$641k
DOM28 days
Sold83
Most similar sales markets · within 6.8–218 kmLast 12 months
01
Smythes CreekVIC 3351 · 13km · 87% match
Price$610k
DOM28 days
Sold76
02
LucasVIC 3350 · 7km · 85% match
Price$638k
DOM35 days
Sold193
03
Soldiers HillVIC 3350 · 9km · 85% match
Price$599k
DOM28 days
Sold80
04
Ballarat NorthVIC 3350 · 8km · 84% match
Price$576k
DOM30 days
Sold87
05
CreswickVIC 3363 · 11km · 82% match
Price$577k
DOM34 days
Sold71
06
Brown HillVIC 3350 · 12km · 82% match
Price$639k
DOM36 days
Sold89
07
JacanaVIC 3047 · 101km · 81% match
Price$682k
DOM26 days
Sold23
08
BendigoVIC 3550 · 92km · 81% match
Price$642k
DOM34 days
Sold161
09
TrafalgarVIC 3824 · 218km · 80% match
Price$635k
DOM34 days
Sold103
10
DarleyVIC 3340 · 58km · 80% match
Price$684k
DOM36 days
Sold191
22
Lake GardensVIC 3355 · 7km · 76% match
Price$711k
DOM30 days
Sold36
31
Bacchus MarshVIC 3340 · 61km · 75% match
Price$639k
DOM27 days
Sold204
43
BonshawVIC 3352 · 13km · 73% match
Price$599k
DOM24 days
Sold100
50
CanadianVIC 3350 · 13km · 72% match
Price$558k
DOM26 days
Sold118
72
DelacombeVIC 3356 · 11km · 71% match
Price$580k
DOM19 days
Sold106
84
Ballarat EastVIC 3350 · 12km · 70% match
Price$536k
DOM24 days
Sold190
135
NewcombVIC 3219 · 92km · 67% match
Price$621k
DOM17 days
Sold101
143
CorioVIC 3214 · 82km · 66% match
Price$565k
DOM20 days
Sold397
Stat colourHow each suburb's stat compares to Miners Rest
Much lowerLowerSimilarHigherMuch higher

Comparable sales markets to Miners Rest include Smythes Creek (VIC 3351), Lucas (VIC 3350), Soldiers Hill (VIC 3350), Ballarat North (VIC 3350), Creswick (VIC 3363), Brown Hill (VIC 3350), Jacana (VIC 3047) and Bendigo (VIC 3550). Each link opens that suburb's full market report.

Market data

Frequently asked · Miners Rest

22 data-driven answers about Miners Rest's property market — every one computed from the metrics above.

Browse by
  • What things costPrices, rent, yield, ownership cost5
  • How the market is movingSpeed, supply, growth, cycle phase7
  • How it comparesVs state, vs nearby, vs popular4
  • About the areaPopulation, income, who lives here, schools5
  • About this dataMethodology and update cadence1

What things cost

Prices, rent, yield, ownership cost
01

What is the median house price in Miners Rest?

#

The median house price in Miners Rest, VIC 3352 is $641k as of June 2026, based on 83 sales recorded over the past 12 months. Houses there have moved +10.8% 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.

02

What is the median unit price in Miners Rest?

#

The median unit price in Miners Rest, VIC 3352 is $556k as of June 2026, based on 2 sales over the past 12 months. Units have moved +39.0% year-on-year and currently trade at roughly 87% of the median house price.

03

How much does it cost to rent in Miners Rest?

#

The median weekly house rent in Miners Rest is $480 as of June 2026, drawn from 41 leases over the past 12 months. Units rent for around $420 per week. House rents have moved +9.1% year-on-year. Current vacancy pressure is shown in the supply section above.

04

What is the gross rental yield in Miners Rest?

#

Gross rental yield in Miners Rest is 3.90% for houses and 4.00% for units as of June 2026, compared with the VIC unit median of 5.12%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.

05

What are typical sale prices by bedroom count in Miners Rest?

#

As of June 2026, Miners Rest medians by bedroom count:

Property1 bed2 bed3 bed4 bedTotal
Houses—$619k$604k$675k$641k
Units——$586k—$556k

Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.

How the market is moving

Speed, supply, growth, cycle phase
06

What are Miners Rest's property market trends?

#

Miners Rest's property market trends to June 2026: house prices rose +10.8% year-on-year and units +39.0%; weekly house rents moved +9.1%; homes now sell in a median 28 days — faster than a year ago by 15; sales supply sits at 3.0 months (balanced). Read together — price, rent, selling speed and supply — they show which way the Miners Rest market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.

07

What does the data say about Miners Rest as an investment?

#

As of June 2026 in Miners Rest, house prices rose +10.8% over the year, gross rental yield is 3.90% against a VIC median of 3.84%, houses take a median 28 days to sell, sales supply is 3.0 months (balanced). 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.

08

How quickly do houses sell in Miners Rest?

#

Houses in Miners Rest sell in a median 28 days on market as of June 2026, with units clearing slightly slower at 48 days. Days on market have tightened by 15 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.

09

Is Miners Rest a tight or loose property market right now?

#

Miners Rest's sales market sits at 3.0 months of supply for houses as of June 2026 — classified as Balanced 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 0.6 months of supply.

10

Have property prices in Miners Rest gone up or down?

#

House prices in Miners Rest moved +10.8% over the 12 months to June 2026, while units moved +39.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.

11

How active is the rental market in Miners Rest?

#

Miners Rest's house rental market sits at 0.6 months of supply as of June 2026 — classified as Severe (extreme shortage), with 41 houses leased over the past 12 months. Units sit at 0.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.

12

Where is Miners Rest in its property market cycle?

#

Miners Rest's house market is currently in the 'softer_firming' phase as of June 2026 — combining below-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 popular
13

How does Miners Rest compare to other VIC suburbs?

#

Miners Rest's median house price ($641k) is 17% below the VIC median ($773k) as of June 2026. On selling speed, houses clear in 28 days vs 29 days state median. On gross yield, Miners Rest sits at 3.90% vs 3.84% state median.

14

How does Miners Rest compare to neighbouring suburbs?

#

Miners Rest's most-similar nearby market is Smythes Creek (13.3 km away) with a median house price of $610k — about 5% 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.

15

What's the most popular property type in Miners Rest?

#

The most-transacted segment in Miners Rest over the 12 months to June 2026 is 4 bed houses with 55 sales. 3 bed houses come second at 29 sales. The 'Most popular' panel above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.

16

How many properties were sold and leased in Miners Rest last year?

#

Miners Rest recorded 83 house sales and 2 unit sales over the 12 months to June 2026 — a combined 85 transactions. On the rental side, 41 houses and 2 units were leased. Segments with statistically thin samples are excluded from displayed figures.

About the area

Population, income, who lives here, schools
17

What is the population of Miners Rest?

#

Miners Rest, VIC 3352 is home to 3,829 residents (ABS Census 2021). The median resident age is 33, and the average household holds 2.8 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

18

What is the median household income in Miners Rest?

#

The median household in Miners Rest earns $2k per week — roughly $103k a year (ABS Census 2021). Median personal income runs $927/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

19

Do people own or rent in Miners Rest?

#

Miners Rest is mostly owner-occupied: about 82% of households are owner-occupiers and 17% rent (ABS Census 2021). Of owners, 24% own outright and 59% are paying off a mortgage.

20

What schools are near Miners Rest?

#

Miners Rest has 55 schools within reach, 1 of them inside the suburb itself — including Miners Rest Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

21

Is Miners Rest a good place to live?

#

Miners Rest, VIC 3352 has a population of 3,829, a median age of 33, a median household income around $2k/week, 17% of households renting (ABS Census 2021). There are 55 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 cadence
22

When was this Miners Rest market data last updated?

#

This Miners Rest market data was last updated 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.

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Methodology

  • How metrics are calculated
  • Glossary of terms
  • Browse all suburbs
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  • About Micromarkets.ai

Suburbs near Miners Rest

  • Mitchell Park3.1km
  • Mount Rowan4.3km
  • Wendouree5.6km
  • Bald Hills5.7km
  • Blowhard6.3km
  • Sulky6.6km
  • Lucas6.8km
  • Lake Gardens7.1km
  • Invermay7.1km
  • Windermere7.2km
  • Cardigan7.2km
  • Invermay Park7.3km
  • Alfredton7.7km
  • Lake Wendouree7.8km
  • Cardigan Village8.1km
  • Ballarat North8.2km
  • Chapel Flat8.8km
  • Newington9.0km
  • Soldiers Hill9.1km
  • Ballarat Central9.4km
Disclaimer

Information is provided for general analytical purposes and does not constitute financial, investment, or property advice. Past performance does not predict future returns.

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