Ballarat Central has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 4.79% to date .
Over the longer term, Ballarat Central has seen property prices show investors a 20.09% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ballarat Central, 3350. Typically our figures indicate that -8.13% is being offered, which puts this VIC suburb at 790th most discounted overall in Australia.
Property investors should expect to get $280 weekly from the median priced house in this suburb.
At number 121th in the list of Australian suburbs ordered by increase in median house value over the last year, Ballarat Central, 3350 is in the top 10% with a property value increase of 18.18% recorded in median house prices.
Ballarat Central,3350 has offered an average of 18.18% return per annum in house price rises to property investors over the last three years.
Using the current median advertised rental of $212.5 and the average annual increase in value of a median property of 7.60%, investors should hope to achieve an overall return of 4.25%