Ballarat Central vs Yea
Property investment comparison - Ballarat Central, VIC 3350 vs Yea, VIC 3717
Head-to-head across core investment metrics: Ballarat Central wins 1, Yea 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.
| Metric | Ballarat Central | Yea |
|---|---|---|
| Median house price | $660K | $660K |
| Median unit price | $430K | - |
| Gross rental yield (houses) | 3.54% | - |
| Gross rental yield (units) | 4.63% | 4.85% |
| 1-year house growth | +9.7% | +9.8%estimate |
| 3-year house growth | +8.1% | - |
| Vacancy rate | 1.1% | 1.5% |
| Population | 5,378 | 1,789 |
Ballarat Central vs Yea: what the numbers say
Houses cost about the same in both suburbs: the median house price is $660K in Ballarat Central and $660K in Yea.
Over the past year house prices moved +9.7% in Ballarat Central and +9.8% in Yea (an estimate), so recent momentum favours Yea, although both suburbs recorded growth.
Rental vacancy is 1.1% in Ballarat Central and 1.5% in Yea, so landlords in Ballarat Central face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Ballarat Central is the bigger suburb, with a population of 5,378 against 1,789, roughly 3.0 times the size of Yea; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Yea for recent price momentum, Ballarat Central for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
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Ballarat Central, VIC 3350
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