Ballarat Central Suburb Profile

Victoria 3350

Ballarat Central has 4,381 properties. Over the last 5 years, Houses in Ballarat Central have seen a 20.44% increase in median value, while Units have seen a 24.38% increase. As at 31 October 2024:

• The median value for Houses in Ballarat Central is $632,539 while the median value for Units is $381,926.
• Houses have a median rent of $420 while Units have a median rent of $370.

The size of Ballarat Central is approximately 3.8 square kilometres. It has 5 parks covering nearly 3.7% of total area. The population of Ballarat Central in 2011 was 5,464 people. By 2016 the population was 5,333 showing a population decline of 2.4% in the area during that time. The predominant age group in Ballarat Central is 20-29 years. Households in Ballarat Central are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat Central work in a professional occupation. In 2011, 56.8% of the homes in Ballarat Central were owner-occupied compared with 56.9% in 2016.