At number 412th in the list of Australian suburbs ordered by increase in median house value over the last year, Ballarat Central, 3350 is in the top 20% with a property value increase of 11.24% recorded in median house prices.
The five-year average increase in median property values for Ballarat Central,3350 has given property investors a potential capital gain of 42.86% across each of those five years.
Our latest figures would indicate that property sellers in Ballarat Central are currently offering property investors an average price cut of -6.65% below the asking price at the moment.
Situated 102.03km from the CBD, Ballarat Central is one of Ballarat (C) localities in the postcode 3350.
Ballarat Central, 3350 ranked 134th in VIC when comparing growth in median property values or capital gain over the last 12 months. Ballarat Central is one of 2099 in our list for VIC
The five-year average increase in median property values for Ballarat Central,3350 has given property investors a potential capital gain of 12.50% across each of those five years.
Sellers are offering property buyers an average discount of -2.53% to buyers in Ballarat Central at the moment, which is less than average for the rest of VIC.
Ballarat Central is 49th on a list of best yielding suburbs for rents in VIC with a 5.20% return