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Ballarat Central vs Callawadda

Property investment comparison - Ballarat Central, VIC 3350 vs Callawadda, VIC 3387

MetricBallarat CentralCallawadda
Median house price$660K$660K
Median unit price$430K-
Gross rental yield (houses)3.54%-
Gross rental yield (units)4.63%-
1-year house growth+9.7%-
3-year house growth+8.1%-
Vacancy rate1.1%-
Population5,37845

Ballarat Central vs Callawadda: what the numbers say

Houses cost about the same in both suburbs: the median house price is $660K in Ballarat Central and $660K in Callawadda.

Ballarat Central is the bigger suburb, with a population of 5,378 against 45, roughly 120 times the size of Callawadda; a larger suburb usually means a deeper pool of buyers and tenants.

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