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Ballarat

3350 · VIC · Regional · Data updated May 2026
59
Monitor
out of 100
Vacancy Rate
1.4%
Rental Yield
4.7%
12m Growth
+5.7%
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What the data says about Ballarat

Ballarat shows mixed investment signals that warrant careful consideration. A vacancy rate of 1.4% in Ballarat indicates a relatively balanced rental market with reasonable tenant demand.

Steady price growth of 5.7% over the past 12 months indicates a stable market with moderate appreciation. Rental yields of 4.7% are reasonable, affecting income return potential. New dwelling approvals in the area have increased, which may moderate price growth as additional supply enters the market.

PropTime's composite model scores Ballarat at 59/100. Investors should conduct thorough due diligence and consider the full 15-factor breakdown available with a free account.

15-factor analysis

5 of 15 shown free
Vacancy Rate
1.4%
7/10
Rental Yield
4.7%
5/10
Price Growth 12m
+5.7%
5/10
Days on Market
27 days
6/10
Population Growth
1.7%
7/10
10 more factors locked
Including building approvals, rental growth, vendor discounting, infrastructure score, and climate risk.
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Investment profile for Ballarat

60
Growth score
Capital appreciation outlook
58
Cashflow score
Rental income strength
59
Overall score
Combined investment signal

Ballarat shows stronger capital growth indicators than cashflow metrics. The 5.7% price growth and 1.4% vacancy rate suggest Ballarat is better suited to investors with a longer hold horizon seeking capital appreciation.

Similar suburbs to Ballarat

Wyndham Vale
3024 · VIC
65
Ararat
3377 · VIC
64
Narre Warren South
3805 · VIC
63

Frequently asked questions about Ballarat

Is Ballarat a good place to invest in property?

Based on PropTime's analysis of 15 demand and supply indicators, Ballarat scores 59/100 — a Monitor signal. Key indicators include a 1.4% vacancy rate, 4.7% rental yield, and 5.7% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Ballarat data.

What is the vacancy rate in Ballarat?

The current vacancy rate in Ballarat is 1.4%. This represents a reasonably healthy rental market. Some vacancies exist but tenant demand remains solid.

What is the rental yield in Ballarat?

The gross rental yield in Ballarat is 4.7%. The Australian national average is approximately 4.5%, so Ballarat is above average — a positive sign for cashflow investors. Use PropTime's free cashflow calculator to model the full weekly cashflow for Ballarat.

What is the property outlook for Ballarat?

PropTime's composite model scores Ballarat at 59/100 as of May 2026. Price growth of 5.7% over the past 12 months reflects current market conditions. Create a free PropTime account to access the full 15-factor analysis for Ballarat.

How does Ballarat compare to similar suburbs?

Ballarat scores 59/100 on PropTime. Similar suburbs by score include Wyndham Vale, Ararat, Narre Warren South, all within the same VIC market.

Get the complete Ballarat analysis

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