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Central Goldfields Shire

Talbot

Talbot Property Market
& Suburb Profile

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MEDIAN PRICES IN TALBOT

Median house price

(all agencies, last 12 months)$333k*

House price change

(all agencies, last 12 months)-8.9%

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

TALBOT price TRACKER

Houses

Talbot Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$369pw

Median rental price for Units

(all agencies, last 12 months)$321pw

Average rental yield for Houses

(all agencies, last 12 months)5.46%

Average rental yield for Units

(all agencies, last 12 months)4.22%

Talbot total population size

(as at the last census)452

Median household size in Talbot

(as at the last census)1.9

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

Talbot property types

  • Houses 67%
  • Other 33%

OCCUPANCY in Talbot

  • Owned 86%
  • Rented 9%
  • Other/Not Stated 5%
  • Singles 43%
  • Families 55%
  • Other 1%

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About Talbot

Nestled in the heart of Victoria's Goldfields region, Talbot is a charming and historic town that offers a serene and picturesque lifestyle. With its rich heritage, close-knit community, and tranquil environment, Talbot is an ideal location for those seeking a peaceful place to call home.

Historic Charm and Heritage

Talbot's history dates back to the gold rush era of the 1850s, and the town has retained much of its historic charm. Strolling through the streets of Talbot, you'll find beautifully preserved buildings that tell the story of its past. The Talbot Provisions Store and Talbot Farmers Market, held on the third Sunday of every month, are key attractions, drawing visitors from across the region to experience local produce and artisanal goods in a historic setting.

Community and Lifestyle

Talbot is renowned for its strong sense of community. With a population of approximately 400 residents, the town exudes a friendly and welcoming atmosphere. Community events and gatherings are a regular occurrence, fostering a sense of belonging among locals. The town's proximity to Tullaroop Reservoir and Cairn Curran Reservoir offers additional recreational activities such as fishing, boating, and picnicking.

Natural Beauty and Outdoor Activities

Surrounded by picturesque landscapes, Talbot offers numerous opportunities for outdoor enthusiasts. The nearby State Forests and Parks provide ideal spots for bushwalking, birdwatching, and exploring nature. The town's proximity to Tullaroop Reservoir and Cairn Curran Reservoir offers additional recreational activities such as fishing, boating, and picnicking.

Real Estate and Living

Real estate in Talbot is characterised by its mix of historic homes and modern residences, catering to a variety of tastes and preferences. The suburb's property market is attractive for those looking to escape the hustle and bustle of city life without sacrificing convenience. With competitive property prices compared to metropolitan areas, Talbot offers excellent value for prospective buyers.

Accessibility and Amenities

Talbot is conveniently located just a short drive from major regional centres. The town is approximately 45 minutes from Ballarat and around two hours from Melbourne, making it accessible for those who commute for work or leisure. While Talbot maintains a quaint rural feel, it is well-equipped with essential amenities, including a general store, post office, and a range of local businesses.

Education and Family Life

For families, Talbot provides a supportive environment for raising children. The local primary school is highly regarded, and secondary education options are available in nearby Maryborough and Ballarat. The safe and friendly neighbourhoods, coupled with the town's emphasis on community, make it an ideal place for families to thrive.
For more information on available properties in Talbot or if you're looking to sell or lease your property in Talbot, please contact our team today.

Sources:

  • Population data and community information were verified through local government and community resources as of June 2024.
  • Historical and market information was sourced from the Central Goldfields Shire Council and local real estate listings as of June 2024.

Education

Talbot Primary School
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Talbot MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202512$166,250-8.90%3$345pw4.84%
20249$182,500-19.78%2$349pw5.06%
20237$227,50069.46%0$331pw4.74%
202210$134,250-20.11%2$311pw4.43%
20219$168,0505.68%1$285pw4.13%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202512$166,250-8.90%
20249$182,500-19.78%
20237$227,500+69.46%
202210$134,250-20.11%
20219$168,050+5.68%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20253$345pw4.84%
20242$349pw5.06%
20230$331pw4.74%
20222$311pw4.43%
20211$285pw4.13%

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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 October 2024 to 31 October 2025, last updated 31 October 2025.