If you compare the increase in value of investment property in Ballarat Central, 3350 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 5.70%.
Ballarat Central,3350 has offered an average of 5.70% return per annum in house price rises to property investors over the last three years.
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 -3.66% is being offered, which puts this VIC suburb at 3262th most discounted overall in Australia.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.
Ballarat Central is in the bottom 40% in VIC when comparing median price capital growth over the last year. Ballarat Central gave property investors a disappointing capital gain figure when compared to the rest of the state, with 3.03%.
If we look at median property appreciation over just the last three months, Ballarat Central has given property investors a paper return of 2.82%. This puts Suburb as 130 on a list of fastest fasting appreciating suburbs in VIC
Ballarat Central, 3350 is offering VIC ‘s 282th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.
Often selling an investment property can take time, and in Ballarat Central the average time real estate has been on the market is 54.6 days.
Situated 92.67km from the CBD, Ballarat Central is one of Ballarat localities in the postcode 3350.