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City of Ballarat

Eureka

Eureka Property Market
& Suburb Profile

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MEDIAN PRICES IN EUREKA

Median house price

(all agencies, last 12 months)$456k*

House price change

(all agencies, last 12 months)-7.51%

Median unit price

(all agencies, last 12 months)$360k*

Unit price change

(all agencies, last 12 months)-8.86%

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

EUREKA price TRACKER

HousesUnits

Eureka 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)73

Average days on market (units)

(all agencies, 12 months)39

Average held period in Eureka

(proptrack)9 years

Eureka Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$408pw

House rental price change

(all agencies, last 12 months)0.03%

Median rental price for Units

(all agencies, last 12 months)$349pw

Unit rental price change

(all agencies, last 12 months)0.01%

Average rental yield for Houses

(all agencies, last 12 months)4.13%

Average rental yield for Units

(all agencies, last 12 months)4.05%

Eureka total population size

(as at the last census)633

Median household size in Eureka

(as at the last census)2.2

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

Eureka property types

  • Houses 62%
  • Units 4%
  • Other 34%

OCCUPANCY in Eureka

  • Owned 58%
  • Rented 41%
  • Other/Not Stated 1%
  • Singles 37%
  • Families 60%
  • Other 3%

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About Eureka

Eureka is a suburb located in the western part of Ballarat, Victoria, Australia. It is a beautiful and peaceful suburb that is perfect for families, retirees, and professionals who are looking for a quiet and serene place to call home. Eureka is surrounded by greenery, making it an ideal location for nature lovers and those who enjoy outdoor activities.

Real estate in Eureka offers a range of housing options, from single-family homes to modern apartments. Properties in Eureka tend to have spacious gardens and outdoor areas, making it a perfect place for families with children and pets.

One of the main attractions of Eureka is its proximity to the beautiful Lake Wendouree, which is just a few minutes' drive away. Lake Wendouree is a popular spot for boating, fishing, and picnics. The suburb is also close to many parks and recreational areas, including the Eureka Aquatic Centre, which has a range of facilities for swimming, fitness and leisure.

Eureka is home to a number of local amenities, including shops, schools, and medical facilities. The suburb has a small shopping centre, which is perfect for daily needs, while larger shopping centres are available nearby in Ballarat CBD. There are also several schools within close proximity to the suburb, including the popular Eureka Primary School.

Overall, Eureka is a charming and tranquil suburb that offers a great lifestyle for families, retirees, and professionals. If you're looking for a peaceful and affordable place to call home in Ballarat, Eureka is definitely worth considering.

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Eureka MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202517$407,750-7.51%11$379pw4.09%
202414$410,000-18.74%18$375pw4.44%
202313$414,0006.72%22$362pw4.21%
202211$457,50014.96%21$342pw3.82%
202124$363,1253.33%22$335pw3.92%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202517$407,750-7.51%
202414$410,000-18.74%
202313$414,000+6.72%
202211$457,500+14.96%
202124$363,125+3.33%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202511$379pw4.09%
202418$375pw4.44%
202322$362pw4.21%
202221$342pw3.82%
202122$335pw3.92%

PROUDLY SERVICING Eureka

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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.