Free market report · Data to July 2026
Ballarat property market
Ballarat is one of the 453 council areas we track on the Australian property clock. This page is the plain-numbers read: where it sits in the cycle, who lives there, what's being built, and the suburbs inside it.
Houses · cycle position
Peak
The Ballarat house market is growing at its fastest pace in the current cycle. That is a momentum reading, not a crash call: markets can sit at peak growth for a long time before easing.
-4% to +16%
Modelled 12-month price range
+2.4%
Modelled 12-month rent change
Units · cycle position
Peak
The unit market is growing at its fastest pace in the current cycle. That is a momentum reading, not a crash call: markets can sit at peak growth for a long time before easing.
-4% to +11%
Modelled 12-month price range
+2.9%
Modelled 12-month rent change
The clock measures growth momentum, not price. Peak means growing fastest, not about to fall. See Ballarat on the clock.
The people
Who lives in Ballarat.
Population · ABS estimates
122,661
People (2025)
+1.9%
Growth per year, last 5 years
Growing faster than most of the country. People arriving is the rawest form of housing demand.
Households · Census 2021
39
Median age
$1,429
Median household income per week
66% own or are paying off their home, 32% rent. An owner-occupier market at heart, which tends to steady prices through the cycle.
New supply
What's being approved to build.
Building approvals are tomorrow's supply. A market where approvals are falling while population grows is a market where pressure builds. The reverse deserves caution.
Dwellings approved · ABS
1,075 of the latest year's approvals were houses. Approvals are trending up: more supply is coming.
Jobs and investment
Who's working, and what's being spent.
Jobs pay mortgages and rents. Government and commercial building spend is where future jobs come from: schools, hospitals, shops and factories all get approved before they get built.
Jobs · SALM, March 2026
61,429
Employed residents
4.5%
Unemployment (national 4.2%)
6,964 more residents are in work than five years ago (+12.8%). That is strong jobs growth, and it usually shows up in housing demand with a lag.
Non-residential building approved · ABS
$253m
All sectors, FY26
$42m
Public sector (government projects)
| Year | Government | All non-residential |
|---|---|---|
| FY24 | $468m | $673m |
| FY25 | $138m | $398m |
| FY26 | $42m | $253m |
Public building spend has eased from its recent peak. Worth checking what was just completed versus what is next. For the named projects behind these numbers, ask for the full report below.
Inside the LGA
The suburbs of Ballarat.
We hold live snapshot data for one suburb in Ballarat. Click through for the full numbers.
| Suburb | Typical price | Rent/wk | Gross yield | 1yr growth |
|---|---|---|---|---|
| Redan | $500,433 | $402 | 4.2% | +13% |
All 56 suburbs and localities in Ballarat
Addington · Alfredton · Ascot · Bakery Hill · Bald Hills · Ballarat Central · Ballarat East · Ballarat North · Black Hill · Blowhard · Bo Peep · Bonshaw · Brown Hill · Buninyong · Bunkers Hill · Burrumbeet · Canadian · Cardigan · Cardigan Village · Chapel Flat · Coghills Creek · Delacombe · Durham Lead · Eureka · Glen Park · Glendaruel · Glendonald · Golden Point · Gong Gong · Invermay · Invermay Park · Lake Gardens · Lake Wendouree · Learmonth · Lucas · Magpie · Miners Rest · Mitchell Park · Mount Bolton · Mount Clear · Mount Helen · Mount Pleasant · Mount Rowan · Nerrina · Newington · Redan · Scotchmans Lead · Scotsburn · Sebastopol · Soldiers Hill · Tourello · Warrenheip · Weatherboard · Wendouree · Windermere · Winter Valley
Free · Pulled together by hand
Want the full workup on Ballarat?
This page is the public data. The full report is the licensed feed: 10 years of prices, rents and vacancy over time, days on market, demand, and the supply pipeline, for Ballarat or any suburb in it. Same data we run for clients. I pull it and email it through, usually within a business day. No charge, and no 14-part email sequence after it.
General information only, not financial or investment advice. Cycle positions and projections are modelled LGA-level figures to July 2026 (licensed market analytics). Population and approvals are ABS estimates; employment is SALM smoothed data; income, age and tenure are Census 2021. None of it can see street quality, flood maps, zoning or the contract, which is where deals are actually won and lost. Get advice on your own situation before acting.
Data finds the area. It doesn't buy the house.
We narrow 15,000 suburbs to the top 5 for each client, then find the street and the property. If Ballarat is on your list, that's a conversation worth having early.