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City of Ballarat

Soldiers Hill

Soldiers Hill Property Market
& Suburb Profile

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MEDIAN PRICES IN SOLDIERS HILL

Median house price

(all agencies, last 12 months)$570k*

House price change

(all agencies, last 12 months)-7.77%

Median unit price

(all agencies, last 12 months)$445k*

Unit price change

(all agencies, last 12 months)+17.88%

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

SOLDIERS HILL price TRACKER

HousesUnits

Soldiers 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)53

Average days on market (units)

(all agencies, 12 months)83

Average held period in Soldiers Hill

(proptrack)9 years

Soldiers Hill Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$439pw

House rental price change

(all agencies, last 12 months)0.04%

Median rental price for Units

(all agencies, last 12 months)$377pw

Unit rental price change

(all agencies, last 12 months)0.07%

Average rental yield for Houses

(all agencies, last 12 months)4.03%

Average rental yield for Units

(all agencies, last 12 months)4.56%

Soldiers Hill total population size

(as at the last census)2,813

Median household size in Soldiers Hill

(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)

Soldiers Hill property types

  • Houses 58%
  • Units 9%
  • Other 33%

OCCUPANCY in Soldiers Hill

  • Owned 59%
  • Rented 39%
  • Other/Not Stated 2%
  • Singles 38%
  • Families 57%
  • Other 5%

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About Soldiers Hill

Directly north of Ballarat’s vibrant CBD, Soldiers Hill is a small but noteworthy Goldfield’s suburb that gets its name from a storied history dating all the way back to the Eureka Rebellion.

The Town

Small in size but large in character, history, and beauty, Soldiers Hill is a suburb positioned just north of Ballarat’s famed CBD. The name of the suburb came about in 1859 during the area’s first residential land sales and was to honour the Colonial forces of Australia’s 40th Regiment who were stationed there prior to the Eureka Stockade.

Victorian era is the predominant architecture of many of the stunning period homes that line the streets of Soldiers Hill. All schooling and shopping bases are covered with its close proximity to the Ballarat Central, while a small yet enticing selection of restaurants only adds to the suburb’s alluring charm.

The Numbers

Population: 2,813

Median Age: 40

Married: 38.9%

Never Married: 43.2%

Couple family without children: 40.2%

Couple family with children: 41.5%

Family households: 56.6%

(Data taken from the 2021 Australian Census, click here for more details)

What To See

With bluestone pillars flanking its entrance, The Walter J Jones Memorial Park (421 Havelock Street) is a scenic reserve with a playground named after the philanthropic local wood carter Walter Jones. This charming park is ideal for weekend picnics with friends, while the kids will love utilising the play equipment.

Where To Eat And Drink

The North Star Hotel (302 Lydiard Street North) is that perfect blend of modern meets period, with heartwarming brick interiors complemented by a trendy contemporary fit-out. You can’t go wrong with the roasted pork belly or slow-cooked lamb shank, while there is an extensive kid's menu and plenty of beers on tap. With a relaxing atmosphere and arguably the best coffee in Soldiers Hill, Tin Roof Ballarat (302 Macarthur Street) promises classic breakfast and brunch fare as well as a select lunch menu that has the Karaage Chicken Baobun as its star! With a striking weatherboard exterior, Soldiers Woodfired Pizzeria’s (451 Doveton Street North) motto of ‘One thing, made well’ truly stands up. From the Sweet Spud and New Yorker to the spicy Scaldore, their pizzas always hit the spot.

Where To Stay Active

Ballarat North Bowls Club

402 Gregory Street

(03) 5331 7091

Where To Learn

Macarthur Street Primary School

401 Macarthur Street

(03) 5332 4746

St Columba’s Primary School

306 Howard Street

(03) 5332 4894

Soldiers Hill Kindergarten

506 Armstrong Street North

(03) 5332 6668

Education

Macarthur Street Primary School
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Soldiers Hill MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202573$507,250-7.77%118$408pw4.29%
202487$503,7509.21%128$399pw4.40%
202357$480,000-16.18%129$387pw4.18%
202274$577,50019.30%135$360pw3.66%
2021104$508,0000.88%126$353pw3.63%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202573$507,250-7.77%
202487$503,750+9.21%
202357$480,000-16.18%
202274$577,500+19.30%
2021104$508,000+0.88%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025118$408pw4.29%
2024128$399pw4.40%
2023129$387pw4.18%
2022135$360pw3.66%
2021126$353pw3.63%

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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.