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Moorabool Shire
Ballan

Ballan Property Market
& Suburb Profile

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MEDIAN PRICES IN BALLAN

Median house price

(all agencies, last 12 months)$638k*

House price change

(all agencies, last 12 months)-0.47%

Median unit price

(all agencies, last 12 months)$535k*

Unit price change

(all agencies, last 12 months)+21.59%

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

BALLAN PRICE TRACKER

HousesUnits

BALLAN 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)80

Average days on market (units)

(all agencies, 12 months)45

Average held period in Ballan

(proptrack)9 years

BALLAN INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$522pw

House rental price change

(all agencies, last 12 months)0.03%

Median rental price for Units

(all agencies, last 12 months)$394pw

Unit rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)4.14%

Average rental yield for Units

(all agencies, last 12 months)4.42%

Ballan total population size

(as at the last census)3,392

Median household size in Ballan

(as at the last census)2.4

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

BALLAN PROPERTY TYPES

  • Houses 56%
  • Units 10%
  • Other 34%

OCCUPANCY IN BALLAN

  • Owned 80%
  • Rented 17%
  • Other/Not Stated 3%
  • Singles 27%
  • Families 71%
  • Other 2%

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ABOUT BALLAN

Ballan is a significant historic township located approximately 80 kilometres west of Melbourne and 30 kilometres east of Ballarat. Situated along the Werribee River within the Moorabool Shire, the town serves as a vital service centre for the surrounding agricultural district and a popular gateway to the Central Highlands.

Its name is derived from a Gaelic word meaning "resting place," a fitting title for a town that originally flourished as a major stopover for travelers and gold seekers journeying along the historic coach route between Melbourne and the Ballarat goldfields.

The character of Ballan is defined by its wide, picturesque main street and a wealth of 19th-century architecture. The town’s heritage is prominently displayed through its use of local bluestone and red brick, seen in landmarks such as the Ballan Shire Hall, the historic courthouse, and the various 1860s-era hotels that once catered to the heavy traffic of the gold rush. Unlike the industrial mining towns to its west, Ballan’s identity has always been more closely tied to pastoralism and transit, creating a more settled, established atmosphere characterized by English elms and manicured civic gardens.

The natural landscape surrounding the town is diverse, featuring the rolling volcanic plains of the Brisbane Ranges to the south and the dense forests of the Wombat State Forest to the north. The Werribee River winds through the township, providing scenic recreational areas and supporting the fertile soils that have made the region a leader in potato farming and livestock grazing. One of the area’s most famous natural features is the nearby Mineral Springs, which drew visitors in the early 20th century for their purported health benefits and remain a quiet spot for nature walks today.

Community life in Ballan is vibrant and increasingly diverse, as the town has become a favored location for commuters drawn to its direct V/Line rail link to Melbourne and Ballarat. Despite this modern growth, the town retains a strong rural heart, centered on its local football and netball clubs, the primary schools, and a bustling monthly farmers' market. The annual Ballan Autumn Festival is a major highlight, celebrating the town’s seasonal beauty and creative spirit. With its blend of historic charm, high-speed connectivity, and rugged natural surroundings, Ballan represents a unique intersection of traditional Victorian country life and modern regional living.

Education

Ballan Primary School
St Brigid's School
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SALES COMPARISON

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

BALLAN MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
202577$586,500-0.47%42$458pw4.28%
202478$537,5000.79%62$445pw4.63%
202354$552,500-11.21%47$430pw4.27%
202252$572,0008.74%44$400pw3.73%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
202577$586,500-0.47%
202478$537,500+0.79%
202354$552,500-11.21%
202252$572,000+8.74%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
202542$458pw4.28%
202462$445pw4.63%
202347$430pw4.27%
202244$400pw3.73%

PROUDLY SERVICING Ballan

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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.