Ballarat Central Suburb ProfileVictoria 3350
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Ballarat Central has 4,392 properties. Over the last 5 years, Houses in Ballarat Central have seen a 20.83% increase in median value, while Units have seen a 24.85% increase. As at 30 November 2024:
- The median value for Houses in Ballarat Central is $632,760 while the median value for Units is $384,041.
- Houses have a median rent of $410 while Units have a median rent of $360.
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.
Market Insights
Ballarat Central Trends for Houses
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Ballarat Central Trends for Units
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Neighbourhood Insights
Age
Population 5,333
0-9
11%
10-19
11%
20-29
17%
30-39
13%
40-49
13%
50-59
14%
60-69
11%
70-79
7%
80-89
3%
90-99
1%
Household Structure
Occupancy
Recent Sales in BALLARAT CENTRAL 3350
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Properties for sale in BALLARAT CENTRAL 3350
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Properties for rent in BALLARAT CENTRAL 3350
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0© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Last Updated: 18/12/2024
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