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City of Ballarat
Miners Rest

Miners Rest Property Market
& Suburb Profile

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MEDIAN PRICES IN MINERS REST

Median house price

(all agencies, last 12 months)$590k*

House price change

(all agencies, last 12 months)+2.61%

Median unit price

(all agencies, last 12 months)$512k*

Unit price change

(all agencies, last 12 months)+58.02%

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

MINERS REST PRICE TRACKER

HousesUnits

MINERS REST SALES OVERVIEW

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)44

Average days on market (units)

(all agencies, 12 months)75

Average held period in Miners Rest

(proptrack)8 years

MINERS REST INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$483pw

House rental price change

(all agencies, last 12 months)0.05%

Median rental price for Units

(all agencies, last 12 months)$404pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)3.91%

Average rental yield for Units

(all agencies, last 12 months)4.14%

Miners Rest total population size

(as at the last census)3,829

Median household size in Miners Rest

(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)

MINERS REST PROPERTY TYPES

  • Houses 63%
  • Units 4%
  • Other 33%

OCCUPANCY IN MINERS REST

  • Owned 82%
  • Rented 17%
  • Other/Not Stated 1%
  • Singles 16%
  • Families 81%
  • Other 3%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

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ABOUT MINERS REST

Miners Rest is a historic township and rapidly growing residential suburb located approximately 11 kilometres north-west of the Ballarat city centre. As its name suggests, the area served as a vital resting place for prospectors travelling from the south toward the Clunes and Maryborough goldfields during the 1850s. However, unlike many of its neighbours, Miners Rest’s identity shifted quickly from mining to agriculture and equine industry, thanks to the exceptionally fertile volcanic soils of the Dowling Forest area.

The modern character of the suburb is defined by its deep-rooted connection to the Victorian horse racing industry. It is the home of the world-class Dowling Forest Racecourse and its surrounding training precinct, which is one of the most significant equine hubs in regional Australia.

The landscape is a unique blend of manicured training tracks, sprawling stables, and contemporary residential estates. The sight of racehorses being exercised along the quiet roads in the early morning is a defining feature of daily life here.

It is the home of the world-class Dowling Forest Racecourse and its surrounding training precinct, which is one of the most significant equine hubs in regional Australia. The landscape is a unique blend of manicured training tracks, sprawling stables, and contemporary residential estates. The sight of racehorses being exercised along the quiet roads in the early morning is a defining feature of daily life here.

Geographically, the suburb is situated on the vast basalt plains of the Western District, with the prominent silhouette of Mount Rowan providing a scenic backdrop to the east. The Burrumbeet Creek meanders through the township, offering a natural green corridor that has been the focus of recent community environmental restoration. The township’s layout is a mix of its original 19th-century core—featuring the historic Miners Rest Primary School and the local general store—and newer, family-oriented developments like the Macarthur Park estate.

Community life in Miners Rest is centered on a sense of local independence. While it is increasingly connected to the urban sprawl of Ballarat, it maintains a distinct village atmosphere. The Miners Rest Community Hall and the local parklands serve as social anchors, while the nearby Mitchell Park industrial area provides local employment. The suburb appeals to a broad demographic, from multi-generational farming and racing families to young professionals seeking a semi-rural lifestyle with immediate access to the Sunraysia and Western Highways.

Education

Miners Rest Primary School
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SALES COMPARISON

Find out how Miners Rest median sales prices compare to neighbouring suburbs.

MINERS REST MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
202585$551,0002.61%35$444pw4.03%
202469$449,500-3.36%43$441pw4.45%
202360$539,0000.13%49$426pw4.28%
202260$569,62511.07%43$402pw3.85%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
202585$551,000+2.61%
202469$449,500-3.36%
202360$539,000+0.13%
202260$569,625+11.07%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
202535$444pw4.03%
202443$441pw4.45%
202349$426pw4.28%
202243$402pw3.85%

PROUDLY SERVICING Miners Rest

BROWSE MORE SUBURBS

Mitchell Park

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NEWS & INSIGHTS

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*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.