Investment property in Ballarat North has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.08%
Comparing Ballarat North,3350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 221th of VIC’s most discounted properties, Ballarat North is in the middle of the state/territory when listing in order of most discounted to least.
In the last year 74 properties changed hands in Ballarat North, which puts it as the 314th most active market in VIC when comparing the number of sales per suburb.
Ballarat North is 170th on a list of best yielding suburbs for rents in VIC with a 4.18% return
VIC has seen average median house prices change by 6.11% which means that Ballarat North, 3350 has done well for property investors by showing a capital gain of 2.02% over the last year
While Ballarat North,3350 ranked number 341th in VIC for increase in median house value (annualised) increase, it is ranked 313th over the last 5 years.
The most recent median price for Ballarat North is $252000, with sellers offering an average of -6.22% off the asking price.