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Ballarat Central vs Gazette

Property investment comparison - Ballarat Central, VIC 3350 vs Gazette, VIC 3289

Head-to-head across core investment metrics: Ballarat Central wins 0, Gazette wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricBallarat CentralGazette
Median house price$660K$660K
Median unit price$430K-
Gross rental yield (houses)3.54%4.75%
Gross rental yield (units)4.63%-
1-year house growth+9.7%-
3-year house growth+8.1%-
Vacancy rate1.1%1.1%
Population5,37842

Ballarat Central vs Gazette: what the numbers say

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

On cash flow, Gazette leads: houses there return a gross rental yield of 4.75%, compared with 3.54% in Ballarat Central, a gap of 1.21 percentage points.

Rental vacancy is the same in both, at 1.1%.

Ballarat Central is the bigger suburb, with a population of 5,378 against 42, roughly 128 times the size of Gazette; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Gazette for rental income. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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