Giving property investors a an unimpressive capital gain of -2.50% for the last year, Ballarat Central, 3350 is the 3279th highest performer in Australia in this respect.
Comparing Ballarat Central,3350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Ballarat Central is $370500, with sellers offering an average of -7.37% off the asking price.
Ballarat Central, 3350’s gross rental yield is 4.00%
At number 1521th in the list of Australian suburbs ordered by increase in median house value over the last year, Ballarat Central, 3350 is in the BOTTOM 20% with a property value increase of -8.09% recorded in median house prices.
Over the longer term, Ballarat Central has seen property prices show investors a -4.28% return over the last 3 years. This is worse than over the last 12 months
A $200 per week rent on the median house gives suburb investors a gross yield of circa 4.39%, without taking into account capital value appreciation, which has been averaging out at 7.45%.