Search

Ballarat North

The Ballarat North property market has performed strongly over the past 12 months to August 2019.

There have been 112 properties listed over the past 12 months, while 97 have sold. This compares to 151 listings for the same time last year, and 130 sales.

The current median sales price of a house in Ballarat North is $395,000. This represents growth of 7.2% over the past 12 months.

The time it takes to sell a house in Ballarat North is currently 36.5 days. This timing is 8.5 days higher than a typical 4 week auction campaign.

For apartments, the median sales price is $248,250. Apartment prices have risen by 6.8% over the past 12 months. The time it takes to sell a unit in Ballarat North is currently 28 days.

MICRO-SUBURBS
Median (# Sales)
HousesUnits
1$400,000
(75)
$261,500
(28)

Median Sales

House
Unit
$368,500

Aug 2018
(12 months)

$395,000

Aug 2019
(12 months)

$232,500

Aug 2018
(12 months)

$248,250

Aug 2019
(12 months)

 HouseMedian Sales Price Change inHouseMedian Sales Price

Number of Sales

110
Aug 2018
(12 months)
85
Aug 2019
(12 months)

-22.7%

MOVEMENT


20
Aug 2018
(12 months)
12
Aug 2019
(12 months)

-40%

MOVEMENT

Number of Listings

 House Listings Unit Listings
95
16
35
Days on Market

Rentals

Rental Yield

4.3%

Median Asking Rent

$337.5
per week

Percentage Rented

HOUSES & UNITS
30.1%

Rental Yield

5.8%

Median Asking Rent

$280
per week

Population

Population
3,931

Family Composition

CHILDLESS COUPLE

41.3%

COUPLES WITH CHILDREN

39.4%

SINGLE PARENTS

18.1%

OTHER

1.2%

Tenure Type

RENTING

30.1%

OWNS OUTRIGHT

36.2%

PURCHASING

28.7%

OTHER

0%

Definitions and Disclaimers

Sales metrics are for the period 1 Sep 18 - Aug 19 unless otherwise stated. For listings, 1 Nov 18 - Oct 19.

The CoreLogic Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.