Ballarat Suburbs | Winter Market Insights

Ballarat continues to strengthen its reputation as one of Victoria’s leading regional centres, offering a compelling combination of affordability, employment opportunities and lifestyle appeal. The city’s strong education and health sectors, combined with its heritage character, continue to attract families, tree-changers and local upgraders.

Although broader economic conditions have encouraged more measured buying behaviour, Ballarat’s affordability relative to Melbourne remains a key driver of demand.

Capital growth has been impressive across the region. Learmonth led house price growth with a remarkable 32.76 per cent increase to a median of $710,250. Eureka followed with growth of 22.83 per cent to $490,822, while Mount Helen rose 21.95 per cent to a median of $750,000.

The unit market also performed strongly. Mount Pleasant recorded growth of 27.69 per cent to reach a median price of $475,000, while Soldiers Hill increased 17.57 per cent to $455,000.

Rental conditions remain healthy, supported by low vacancy rates and strong renter demand. Properties close to the city centre and transport links continue to lease quickly, providing dependable returns for residential rental providers.

Mount Helen units lead rental yields at 4.79 per cent with a median rent of $378 per week, closely followed by Ballarat Central at 4.75 per cent. In the housing market, Wendouree delivers a yield of 4.11 per cent and median rent of $420 per week, while Sebastopol returns 4.08 per cent.

Future growth is supported by ongoing V/Line upgrades and investment in local medical precincts, reinforcing Ballarat’s long-term investment appeal.

For more updates please see our latest edition of our seasonal Investor Advantage magazine.

Disclaimer: The data in this report has been sourced from Proptrack. Capital Growth statistics are based on sales over the past 12 months from May 2025 to May 2026. We discounted suburbs that had less than 10 sales. Whilst we took every care in preparing this report, Barry Plant Group accepts no responsibility for any errors or omissions. Individuals are directed to rely on their own enquiries when making investment decisions.

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 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.