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City of Ballarat

Mount Pleasant

Mount Pleasant Property Market
& Suburb Profile

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MEDIAN PRICES IN MOUNT PLEASANT

Median house price

(all agencies, last 12 months)$485k*

House price change

(all agencies, last 12 months)+1.04%

Median unit price

(all agencies, last 12 months)$420k*

Unit price change

(all agencies, last 12 months)+12.9%

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

MOUNT PLEASANT price TRACKER

HousesUnits

Mount Pleasant 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)60

Average days on market (units)

(all agencies, 12 months)116

Average held period in Mount Pleasant

(proptrack)11 years

Mount Pleasant Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$406pw

House rental price change

(all agencies, last 12 months)0.01%

Median rental price for Units

(all agencies, last 12 months)$358pw

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%

Mount Pleasant total population size

(as at the last census)2,225

Median household size in Mount Pleasant

(as at the last census)2.3

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

Mount Pleasant property types

  • Houses 52%
  • Units 14%
  • Other 34%

OCCUPANCY in Mount Pleasant

  • Owned 57%
  • Rented 42%
  • Other/Not Stated 1%
  • Singles 33%
  • Families 59%
  • Other 8%

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About Mount Pleasant

Mount Pleasant is the oldest suburb of Ballarat located on the south of the city.

This was a quiet town untouched by gold mining for many years until the gold rush in 1856. and traces of mining can still be seen in the area.

Today the suburb hosts a Primary School and a couple of Kindergartens, Theatre, 24-hour Gym, Crossfit, an Observatory and museum, Brewery, a number of parks and reserves.

Supermarkets, Shopping centres, restaurants and other amenities can be found close by in the adjoining suburb of Sebastopol.

Great for

  • Clean and green
  • Peace and Quiet
  • Parks & Recreation

Who lives here?

  • Families with kids
  • Retirees

Suburbs nearby:

  • Ballarat Central
  • Canadian
  • Golden Point
  • Mount Clear
  • Redan
  • Sebastopol
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Mount Pleasant MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202569$452,5001.04%68$382pw4.32%
202452$413,000-7.53%76$374pw4.56%
202346$459,875-7.01%109$356pw4.33%
202264$473,7507.64%83$343pw3.98%
202161$447,25020.48%102$332pw3.83%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202569$452,500+1.04%
202452$413,000-7.53%
202346$459,875-7.01%
202264$473,750+7.64%
202161$447,250+20.48%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202568$382pw4.32%
202476$374pw4.56%
2023109$356pw4.33%
202283$343pw3.98%
2021102$332pw3.83%

PROUDLY SERVICING Mount Pleasant

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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.