At number 1884th in the list of Australian suburbs ordered by increase in median house value over the last year, Ballarat North, 3350 is in the top half with a property value increase of 6.25% recorded in median house prices.
Comparing Ballarat North,3350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Ballarat North are currently offering property investors an average price cut of -3.95% below the asking price at the moment.
In the last year 73 properties changed hands in Ballarat North, which puts it as the 281th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $325 weekly from the median priced house in this suburb.
Giving property investors a a solid capital gain of 34.62% for the last year, Ballarat North, 3350 is the 19th highest performer in Australia in this respect.
Over the longer term, Ballarat North has seen property prices show investors a 41.49% return over the last 3 years. This is worse than over the last 12 months
Property investors should expect to get $270 weekly from the median priced house in this suburb.