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Ballarat North VIC 3350

Houses Units

Here you can find what you need to know about Ballarat North, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$540K Median Sale Price (National Average $485k) 582nd In VIC
-17.56% Median Sale Price Change (1yr) (National Average 4.30%) 2769th In VIC
$400pw Median Rent (National Average $395) 567th In VIC
3.9% Median Gross Yield (National Average 4.24%) 210th In VIC
Properties sold 69
Average discounting -6.35%
Average Days on Market 76
Stock on Market 79 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Ballarat North, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Ballarat North, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Ballarat North, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Ballarat North


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State Auction Clearance Rates


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Suburb Information

Ballarat North, VIC 3350

Part of: Ballarat Council No data available

The size of Ballarat North is approximately 2.6 square kilometres. It has 4 parks covering nearly 2.3% of total area. The population of Ballarat North in 2011 was 3,923 people. By 2016 the population was 3,931 showing a population growth of 0.2% in the area during that time. The predominant age group in Ballarat North is 50-59 years. Households in Ballarat North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat North work in a professional occupation. In 2011, 68.4% of the homes in Ballarat North were owner-occupied compared with 64.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Ballarat North

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Ballarat North   for Houses in last 12 months


There have been 69 Houses sold in Ballarat North in the past 12 months with a median sale price of $540K, down 17.6% annually. It takes on average 54 days to sell with vendor discounting of -6.4%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Ballarat Central VIC, 3350 -8.73% $575,000 $405pw 3.7% View Suburb Profile
Ballarat East VIC, 3350 -6.31% $475,000 $395pw 4.3% View Suburb Profile
Ballina NSW, 2478 3.45% $900,000 $650pw 3.8% View Suburb Profile
Soldiers Hill VIC, 3350 -11.97% $570,000 $400pw 3.6% View Suburb Profile
Indented Head VIC, 3223 -3.63% $830,000 $470pw 2.9% View Suburb Profile
Corinda QLD, 4075 5.53% $1,287,500 $663pw 2.7% View Suburb Profile

Currency

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