Investment property in Ballarat Central has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.36%
While Ballarat Central,3350 ranked number 608th in VIC for increase in median house value (annualised) increase, it is ranked 479th over the last 5 years.
Ballarat Central3350 is located in VIC which offers an average discount of -6.04% to property investors. Ballarat Central itself is showing figures that indicate -7.97% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $3360 per annum or $280 every week.
With a capital gain of 15.51% for the last 12 months, Ballarat Central, 3350 has performed for property investments than its average annual 8.85% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ballarat Central has increased when compared to the 5 year average annual rate.
Renters in Suburb are facing rents around $2670 per annum or $222.5 every week.