City of Ballarat
Bakery Hill Property Market
& Suburb Profile
MEDIAN PRICES IN BAKERY HILL
Median house price
(all agencies, last 12 months)$543k*House price change
(all agencies, last 12 months)+7.52%Median unit price
(all agencies, last 12 months)$417k*(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)
BAKERY HILL price TRACKER
Bakery Hill 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)63Average days on market (units)
(all agencies, 12 months)13Average held period in Bakery Hill
(proptrack)5 yearsBakery Hill Investor Statistics
Median rental price for Houses
(all agencies, last 12 months)$453pwHouse rental price change
(all agencies, last 12 months)0.05%Median rental price for Units
(all agencies, last 12 months)$387pwUnit rental price change
(all agencies, last 12 months)0.02%Average rental yield for Houses
(all agencies, last 12 months)3.97%Average rental yield for Units
(all agencies, last 12 months)4.55%Bakery Hill total population size
(as at the last census)180Median household size in Bakery Hill
(as at the last census)2(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)
Bakery Hill property types
- Houses 33%
- Units 33%
- Other 34%
OCCUPANCY in Bakery Hill
- Owned 44%
- Rented 54%
- Other/Not Stated 2%
- Singles 46%
- Families 49%
- Other 12%
About Bakery Hill
Sales Comparison
Find out how Bakery Hill median sales prices compare to neighbouring suburbs.
Bakery Hill MARKET INSIGHTS
| Year | Sold | Median Sale Price (All Residential) | Sales Growth YoY |
|---|---|---|---|
| 2025 | 2 | $480,000 | +7.52% |
| 2024 | 9 | $482,250 | +19.67% |
| 2023 | 4 | $228,750 | -45.54% |
| 2022 | 5 | $645,000 | +40.01% |
| 2021 | 7 | $299,975 | +36.37% |
| Year | Leased | Median Rental Price (All Residential) | Rental Yield |
|---|---|---|---|
| 2025 | 7 | $420pw | 4.26% |
| 2024 | 14 | $420pw | 4.52% |
| 2023 | 14 | $401pw | 4.21% |
| 2022 | 13 | $390pw | 3.92% |
| 2021 | 15 | $361pw | 3.72% |
PROUDLY SERVICING Bakery Hill
*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.