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City of Ballarat

Canadian

Canadian Property Market
& Suburb Profile

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MEDIAN PRICES IN CANADIAN

Median house price

(all agencies, last 12 months)$502k*

House price change

(all agencies, last 12 months)+3.4%

Median unit price

(all agencies, last 12 months)$410k*

Unit price change

(all agencies, last 12 months)+3.8%

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

CANADIAN price TRACKER

HousesUnits

Canadian 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)45

Average days on market (units)

(all agencies, 12 months)45

Average held period in Canadian

(proptrack)9 years

Canadian Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$430pw

House rental price change

(all agencies, last 12 months)0.01%

Median rental price for Units

(all agencies, last 12 months)$371pw

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)4.5%

Canadian total population size

(as at the last census)4,098

Median household size in Canadian

(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)

Canadian property types

  • Houses 53%
  • Units 13%
  • Other 34%

OCCUPANCY in Canadian

  • Owned 63%
  • Rented 35%
  • Other/Not Stated 2%
  • Singles 30%
  • Families 65%
  • Other 5%

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About Canadian

A small residential suburb positioned just 3km south-east of Ballarat Central, Canadian has a rich gold rush history and was once home to world’s largest gold nugget.

The Town

As an important part of Victoria’s gold rush history as anywhere in Ballarat, and now a thriving pocket that offers half peaceful suburbia and half breathtaking parklands for those who love nature, Canadian has fast become one of the Goldfield's most sought-after destinations. A few clicks south-east of Ballarat Central, Canadian once held the record for having discovered the largest gold nugget in the world, with the Leg of Mutton/Canadian Nugget unearthed on New Year’s Day in 1853 at Canadian Gully. The nugget weighed in at a whopping 2144 ounces, which translates to just over 60 kilograms! Canadian garnered the nickname the ‘Jewellers Shop’ for how much gold it yielded. Now, many young families call Canadian home, with the small yet impressive suburb home to a primary school, stunning greenery, and restaurants bordering Golden Point.

The Numbers

(data taken from 2021 Australian Census)

Population: 3,609

Median Age: 34

Married: 45%

Never Married: 39.5%

Couple family without children: 38.9%

Couple family with children: 43.8%

Family households: 68%

What To Do

Canadian really will be appreciated by nature lovers due to the abundance of parklands and forestry that dominate much of the suburb. In July 2021, Australia’s first dementia-friendly forest and sensory trail opened in the Woowookarung Regional Park. The Friendly Forest and Sensory Trail (Katy Ryans Road) meanders through native bushland on Wadawurrung Country and offers a gentle and inclusive way to see, smell, touch, and hear nature. Lake Esmond Botanical Park (Larter Street) was originally the quarry for the Eureka Tile Works until 1982, but was then revitalised into a thriving parkland with an adventure playground, BBQ facilities, and scenic open spaces. Sparrow Ground Reserve (201 Spencer Street) is another outstanding local park with playground facilities for the kids.

Where To Eat And Drink

There is a plethora of wonderful restaurant options that borders Canadian and Golden Point on Main Road right next to Sovereign Hill Historical Park, with this strip the number one spot for locals keen on a quick takeaway meal or more of a sit-down affair with the family. Kambei Japanese Restaurant (1/501 Main Road) provides traditional Japanese fare in stately surrounds, with fresh premium sashimi and crispy tempura their go-to dishes that you can never go wrong with. Just up the road, Masala Valley Indian (429 Main Road) offers a feast of the senses for those with a penchant of sub-continent cuisine. 8 different types of rotis and naans will get you started, while kheer, gajar halwa, and pumpkin pudding will finish you off on a sweet note.

Where To Stay Active

The Shed Gym

24 Butt Street

0457 258 469

XZone Health and Fitness

7/17 Elsworth Street East

0424 000 693

Amplify Pilates

402 Rodier Street

0424 451 646

Mind & Body Mobile Fitness

Lake Esmond

0484 228 037

Where To Learn

Canadian Lead Primary School

301 Otway Street South

(03) 5333 7170

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Sales Comparison

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

Canadian MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025136$455,7503.40%125$401pw4.32%
2024133$436,250-8.64%115$394pw4.55%
202384$459,950-9.01%115$374pw4.33%
202297$489,50018.94%130$361pw3.97%
202199$439,25015.50%127$345pw3.83%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025136$455,750+3.40%
2024133$436,250-8.64%
202384$459,950-9.01%
202297$489,500+18.94%
202199$439,250+15.50%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025125$401pw4.32%
2024115$394pw4.55%
2023115$374pw4.33%
2022130$361pw3.97%
2021127$345pw3.83%

PROUDLY SERVICING Canadian

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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.