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City of Ballarat

Population

113,763

City of Ballarat is a Local Government Area in Australia comprising 56 suburbs with a population of 113,763 residents. For property investors analysing City of Ballarat capital growth potential, this council area ranks in the top 20% of Australian LGAs for investment opportunity based on our proprietary scoring algorithm.

The current median house price in City of Ballarat is approximately $650K, making it accessible for investors seeking balanced growth and yield. City of Ballarat property investment fundamentals show strong signals, supported by positive population growth trends. This positions City of Ballarat as one of the best council areas to invest in for Australian property investors seeking long-term capital appreciation.

Growth Performance Prediction

Top 20% of areas

Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.

Overall Growth Potential

80%Very Good

Outperforms 80% of all LGAs

Key Market Indicators

Good Population Forecasts

Population Score

5/5

High Opportunity

Opportunity Score

5/5

Good Employment Health

Employment Score

4/5

Investment Outlook

This area shows strong growth potential with excellent indicators across key market factors, suggesting favourable conditions for property investment.

Mc

Peak
Consolidating
Upswing
Buying Window

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Peak: Price growth is expected to slow down. Capital growth forecasts suggest this may not be the optimal time to invest. Consider waiting for better conditions.

Consolidating: Prices may grow below average in the short term. Rental growth could also slow during this phase. Consider monitoring market indicators before investing.

Upswing: Prices are rising and capital growth momentum is positive. While the early buying opportunity has passed, the market continues to show strength.

Buying Window: Strong investment potential with prices forecast to outperform the market average over 1-3 years. Key indicators signal favorable conditions for capital growth.

56 Suburbs in City of Ballarat

Ordered by Best Projected Short Term Growth (Green = Buying window)

Trend Indicators:

Price/yield increasing compared to previous period
Price/yield decreasing compared to previous period
Suburb Name
Asking Price
Yield
Nerrina
$745.0k
3.24%
Cardigan Village
$789.0k
6.41%
Invermay (Vic.)
$1.5m
2.31%
Cardigan
$1.2m
2.70%
Bonshaw (Vic.)
$575.0k
4.68%
Bunkers Hill
$749.0k
2.54%
Durham Lead
$1.1m
2.42%
Magpie
$780.0k
3.31%
Brown Hill (Vic.)
$675.0k
4.04%
Buninyong
$895.0k
3.68%
Lake Wendouree
$1.4m
1.71%
Lucas
$682.5k
3.86%
Miners Rest
$595.0k
3.73%
Mount Clear
$500.0k
4.01%
Mount Rowan
$880.0k
3.65%
Newington (Vic.)
$785.0k
3.77%
Scotsburn
$1.6m
1.88%
Ballarat Central
$685.0k
3.97%
Canadian
$549.0k
4.14%
Learmonth (Vic.)
$620.0k
3.05%
Invermay Park
$695.0k
5.33%
Eureka (Vic.)
$650.0k
4.08%
Mount Bolton
$850.0k
0%
Sebastopol (Vic.)
$445.0k
5.01%
Delacombe
$585.0k
4.33%
Redan
$490.0k
4.39%
Lake Gardens
$790.0k
3.27%
Ballarat East
$495.0k
4.66%
Wendouree
$440.0k
4.80%
Black Hill (Vic.)
$650.0k
3.98%
Burrumbeet
$690.0k
0.52%
Mount Helen
$695.0k
3.44%
Blowhard
-
2.22%
Alfredton
$600.0k
3.77%
Warrenheip
$1000.0k
4.11%
Ballarat North
$600.0k
4.21%
Glen Park
$840.0k
1.01%
Glendaruel
$920.0k
0%
Bakery Hill
$635.0k
5.37%
Addington
$395.0k
0%

City of Ballarat Property Investment FAQs

Is City of Ballarat a good area for property investment in 2026?

City of Ballarat ranks in the top 20% of all Australian Local Government Areas for property investment potential. This places City of Ballarat among the best LGAs in Australia for capital growth, with strong fundamentals including population growth, employment diversity, and infrastructure development. Property investors looking for long-term appreciation should consider City of Ballarat as a priority market.

What is the median house price in City of Ballarat?

The current median house price across City of Ballarat is approximately $650K. This median price reflects sales data from properties across all 56 suburbs within the Local Government Area. This price range positions City of Ballarat as a mid-market investment destination, balancing capital growth potential with reasonable entry costs for property investors.

What are the best suburbs to invest in City of Ballarat?

City of Ballarat contains 56 suburbs, each with unique investment characteristics and suburb scores. The best suburbs for investment within City of Ballarat depend on your investment strategy - whether you're seeking capital growth, rental yield, or a balanced approach. Use our suburb analysis tools to compare all 56 suburbs in City of Ballarat ranked by our proprietary suburb score, which factors in price growth trends, rental yields, vacancy rates, and demographic indicators.

What is the capital growth outlook for City of Ballarat?

City of Ballarat's capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in City of Ballarat include strong population growth, diverse employment opportunities, and infrastructure investment. These fundamentals suggest continued property value appreciation in the medium to long term.

What is the population of City of Ballarat?

City of Ballarat has a population of approximately 113,763 residents across its 56 suburbs. Population growth is a key indicator for property investment as it drives housing demand. City of Ballarat's population metrics contribute positively to its investment score, indicating growing demand for housing in the area.

How many suburbs are in City of Ballarat council area?

City of Ballarat Local Government Area contains 56 suburbs. Each suburb has its own property market dynamics, median prices, and investment potential. When investing in City of Ballarat, it's important to analyse individual suburbs rather than relying solely on LGA-level data. Our platform provides detailed suburb scores and analytics for all 56 suburbs to help you identify the best investment opportunities within City of Ballarat.

Disclaimer

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