Chat with us, powered by LiveChat
City of Ballarat
Lucas

Lucas Property Market
& Suburb Profile

Powered by Proptrack

MEDIAN PRICES IN LUCAS

Median house price

(all agencies, last 12 months)$620k*

House price change

(all agencies, last 12 months)-0.84%

Median unit price

(all agencies, last 12 months)$440k*

Unit price change

(all agencies, last 12 months)+3.53%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

LUCAS PRICE TRACKER

HousesUnits

LUCAS SALES OVERVIEW

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)46

Average days on market (units)

(all agencies, 12 months)15

Average held period in Lucas

(proptrack)5 years

LUCAS INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$485pw

House rental price change

(all agencies, last 12 months)0.02%

Median rental price for Units

(all agencies, last 12 months)$427pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)3.77%

Average rental yield for Units

(all agencies, last 12 months)4.64%

Lucas total population size

(as at the last census)2,994

Median household size in Lucas

(as at the last census)2.8

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

LUCAS PROPERTY TYPES

  • Houses 66%
  • Other 34%

OCCUPANCY IN LUCAS

  • Owned 64%
  • Rented 34%
  • Other/Not Stated 2%
  • Singles 21%
  • Families 75%
  • Other 4%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

Request a free price evaluation from our experienced team

ABOUT LUCAS

One of the new kids on the block when it comes to suburbs right on the outskirts of the Ballarat township, Lucas definitely has the right stuff.

Established in June 2011 and located in the heart of the Ballarat West Growth Zone, Lucas is the largest master-planned community in the history of Ballarat and has quickly become a destination for young families.

Just 7km out of the Ballarat township, the town was named after Eleanor Lucas and her staff who ran a popular textiles factory (the Lucas Clothing Factory). Eleanor and the ‘Lucas Girls’ from the factory were also pivotal in the creation of Ballarat’s famed Avenue of Honour and the Ballarat Arch of Victory. From supermarkets and shops to parks and playgrounds, Lucas is the ultimate destination with so much more room to grow.

One of Lucas’ main attractions for permanent locals or visitors passing through is its amazing scenic parklands. Lucas Central Park Playground, Lucas Rise Park, and Lucas Platinum Park all provide green and open space, with play equipment for the kids that is sure to keep them entertained for hours!

Coltman Plaza (6 Coltman Plaza) is the ultimate retail hub for all your shopping needs, with the plaza also providing a range of quick eats that will satisfy your lunch craving. The plaza itself features Tokyo Cuisine for a quick hand roll, gyoza, or chicken curry, Antonio’s Pizza and Pasta Kitchen for some Italian flavour, and Lucas Fish & Chips for fried seafood goodness.

Education

Lucas Primary School
Siena Catholic Primary School
Powered by Proptrack

SALES COMPARISON

Find out how Lucas median sales prices compare to neighbouring suburbs.

LUCAS MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
2025159$530,000-0.84%163$456pw4.21%
2024106$524,000-2.12%234$446pw4.58%
202396$318,250-9.07%180$432pw4.32%
202285$350,00020.69%152$411pw3.95%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
2025159$530,000-0.84%
2024106$524,000-2.12%
202396$318,250-9.07%
202285$350,000+20.69%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
2025163$456pw4.21%
2024234$446pw4.58%
2023180$432pw4.32%
2022152$411pw3.95%

PROUDLY SERVICING Lucas

BROWSE MORE SUBURBS

Cardigan

Alfredton

Lake Gardens

NEWS & INSIGHTS

Icing on the Cupcake

Is Your Property Storm-Ready? A Guide to Roof Care

Smart, Simple, Local: See Every Suburb in a New Light with Barry Plant

*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 licensed material 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.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.