At number 3149th in the list of Australian suburbs ordered by increase in median house value over the last year, Ballarat East, 3350 is in the BOTTOM 30% with a property value increase of 0.00% recorded in median house prices.
If we look at median property appreciation over just the last three months, Ballarat East has given property investors a paper return of 3.45%. This puts Suburb as 271 on a list of fastest fasting appreciating suburbs in VIC
Property investors should expect to get $290 weekly from the median priced house in this suburb.
Investment property in Ballarat East has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.00%
Taking the average capital gain, or increase in median house value, Ballarat East,3350 has racked up an average of 3.00% over the period. This ranks it number 1315th in the whole country for real estate investors looking at median house price increases.
Using the current median advertised rental of $250 and the average annual increase in value of a median property of 2.55%, investors should hope to achieve an overall return of 5.42%