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City of Ballarat

Cardigan Village

Cardigan Village Property Market
& Suburb Profile

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MEDIAN PRICES IN CARDIGAN VILLAGE

Median house price

(all agencies, last 12 months)$562k*

House price change

(all agencies, last 12 months)-28.24%

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

CARDIGAN VILLAGE price TRACKER

Houses

Cardigan Village Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$509pw

House rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)3.66%

Cardigan Village total population size

(as at the last census)957

Median household size in Cardigan Village

(as at the last census)3.3

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

Cardigan Village property types

  • Houses 67%
  • Other 33%

OCCUPANCY in Cardigan Village

  • Owned 94%
  • Rented 5%
  • Other/Not Stated 1%
  • Singles 11%
  • Families 89%
  • Other -1%

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About Cardigan Village

Cardigan Village is a charming suburb located just 15 minutes northwest of Ballarat, in the Central Highlands region of Victoria. With a population of around 1,000 residents, it offers a peaceful and family-friendly lifestyle in a semi-rural setting.

Housing in Cardigan Village consists mainly of single-family homes on spacious blocks, many of which enjoy picturesque views of the surrounding countryside.

One of the standout features of Cardigan Village is its proximity to the beautiful Lake Wendouree, just a short drive away. This large freshwater lake is a popular spot for fishing, boating, and picnicking, and is surrounded by a stunning parkland that includes walking trails, gardens, and playgrounds.

Cardigan Village also has a number of local amenities to cater to residents' needs, including a post office, convenience store, and several cafes and restaurants. For more extensive shopping and entertainment options, the city of Ballarat is just a short drive away.

Overall, Cardigan Village offers a great balance of country and city living, making it an ideal place for families, retirees, and anyone looking to enjoy a quieter lifestyle. If you're in the market for a home in the Ballarat area, be sure to add Cardigan Village to your list of must-see suburbs.

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Sales Comparison

Find out how Cardigan Village median sales prices compare to neighbouring suburbs.

Cardigan Village MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202512$561,500-28.24%4$509pw3.66%
202412$782,500-17.63%2$495pw3.75%
202315$950,00013.10%2$487pw3.49%
202213$840,0005.00%0$470pw3.37%
20219$800,00026.68%2$468pw3.39%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202512$561,500-28.24%
202412$782,500-17.63%
202315$950,000+13.10%
202213$840,000+5.00%
20219$800,000+26.68%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20254$509pw3.66%
20242$495pw3.75%
20232$487pw3.49%
20220$470pw3.37%
20212$468pw3.39%

PROUDLY SERVICING Cardigan Village

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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.