Suburb Profile Report for Ballarat East VIC (3350)

Ballarat East House: Median price $365,000, Annual capital growth 5.89%, Number of sales 132, Weekly median advertised rent $330

Ballarat East Unit: Median price $316,900, Annual capital growth 4.62%, Number of sales 18, Weekly median advertised rent $290

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

With a capital gain of 5.80% for the last 12 months, Ballarat East, 3350 has performed for property investments than its average annual 5.89% property growth over the last 5 years.

Ballarat East,3350 was ranked 1837 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Ballarat East are currently offering property investors an average price cut of -6.34% below the asking price at the moment.

In the last year 132 properties changed hands in Ballarat East, which puts it as the 167th most active market in VIC when comparing the number of sales per suburb.

Situated 98.80km from the CBD, Ballarat East is one of Ballarat (C) localities in the postcode 3350.

Ballarat East, 3350 ranked 68th in VIC when comparing growth in median property values or capital gain over the last 12 months. Ballarat East is one of 2099 in our list for VIC

Ballarat East,3350 was ranked 185 in Australia by increase in median property value over the quarter.

Property investors should expect to get $290 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$365,000 $316,900
1.39% 5.90%
5.80% 15.66%
5.89% 4.62%
$330 $290
132 18
4.70% 4.76%
47.2743362831858 29.9285714285714

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Very good (U)
Find a mortgage broker in Ballarat East VIC
Demographics
Total population 5308
Median household income ($/weekly) 842
Median age of persons 38
Median housing loan repayment ($/monthly) 1192
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 566 10.7
    25-34 years 716 13.5
    35-44 years 647 12.2
    45-54 years 609 11.5
    55-64 years 616 11.6
    Others 2154 40.6
    Age Group
    Census Count Percent(%)
    Not Married 1984 52.2
    Registered Married 1412 37.1
    Defacto Relationship 407 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4529 90.5
    New Zealand 34 0.7
    Papua New Guinea 41 0.8
    United Kingdom 151 3.0
    Other 74 1.5
    Others 176 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 0.9
    Christianity 3091 64.4
    Islam 21 0.4
    Other Religious Groups 28 0.6
    No Religion 1602 33.4
    Others 14 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 219 11.2
    $400-$599 302 15.4
    $600-$799 268 13.7
    $800-$999 217 11.1
    $1,500-$1,999 195 10.0
    Others 754 38.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1639 40.3
    Employed, worked full-time 1271 31.3
    Employed, worked part-time 802 19.7
    Unemployed, looking for work 184 4.5
    Employed, away from work 169 4.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 448 20.0
    Technicians & trades workers 353 15.8
    Community & personal service workers 286 12.8
    Clerical & administrative workers 279 12.4
    Labourers 262 11.7
    Others 613 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 85 7.1
    Infants/Primary 348 29.2
    Secondary 282 23.6
    Technical or Further Educational Institution 129 10.8
    University or other Tertiary Institutions 302 25.3
    Others 47 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4375 91.1
    Semi-detached, row or terrace house, townhouse 300 6.3
    Flat, unit or apartment 119 2.5
    House or flat attached to a shop, office 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 753 35.8
    Being purchased 655 31.2
    Fully owned 648 30.8
    Other tenure type 45 2.1
    Tenure Type
Census 2011, ABS
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