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12-month growth outlook for Ballarat suburbs

PropRadar estimates where each suburb's median house and unit price is heading over the next 12 months. These tables show the Ballarat suburbs with the strongest and the weakest outlook, and where each one ranks among all suburbs in its state. The estimate is most reliable at comparing suburbs with each other, which is why the ranking leads. Only suburbs with at least 10 sales of that dwelling type in the past year are listed.

An outlook is a model estimate, not a guarantee. Prices can move against it.

Strongest 12-month outlook in Ballarat: houses

Expected direction of the median house price, and where each suburb ranks in its state.

#SuburbPrice outlookRent outlookMedian price
1SmythesdaleVIC 3351Rising
Among the strongest in Victoria
Rising$660,000
2Smythes CreekVIC 3351Rising
Above average for Victoria
Rising$630,000
3Miners RestVIC 3352Rising
Above average for Victoria
Rising$650,000
4DelacombeVIC 3356Rising
Around the middle for Victoria
Rising$600,000
5SebastopolVIC 3356Rising
Around the middle for Victoria
Rising$520,000
6Lake WendoureeVIC 3350Rising
Around the middle for Victoria
Rising$1,080,000
7Ballarat EastVIC 3350Rising
Around the middle for Victoria
Rising$545,000
8CanadianVIC 3350Rising
Around the middle for Victoria
Rising$600,000
9Black HillVIC 3350Rising
Around the middle for Victoria
Rising$605,000
10Lake GardensVIC 3355Rising
Around the middle for Victoria
Rising$710,000
11Ballarat CentralVIC 3350Rising
Around the middle for Victoria
Rising$670,000
12WendoureeVIC 3355Rising
Around the middle for Victoria
Rising$540,000
13NewingtonVIC 3350Rising
Around the middle for Victoria
Rising$625,000
14Soldiers HillVIC 3350Rising
Around the middle for Victoria
Rising$640,000
15Ballarat NorthVIC 3350Rising
Around the middle for Victoria
Rising$610,000
16Mount ClearVIC 3350Rising
Around the middle for Victoria
Rising$600,000
17Invermay ParkVIC 3350Rising
Around the middle for Victoria
Rising$695,000
18RedanVIC 3350Rising
Around the middle for Victoria
Rising$520,000
19Mount HelenVIC 3350Rising
Around the middle for Victoria
Rising$750,000
20Brown HillVIC 3350Rising
Below average for Victoria
Rising$650,000
21Mount PleasantVIC 3350Rising
Below average for Victoria
Rising$560,000
22AlfredtonVIC 3350Rising
Below average for Victoria
Rising$670,000
23LucasVIC 3350Rising
Below average for Victoria
Rising$650,000
Pro shows the forecast change in prices and rents beside each suburb's ranking.
See sample

Strongest 12-month outlook in Ballarat: units

Expected direction of the median unit price, and where each suburb ranks in its state.

#SuburbPrice outlookRent outlookMedian price
1WendoureeVIC 3355Rising
Among the strongest in Victoria
Rising$380,000
2SebastopolVIC 3356Rising
Among the strongest in Victoria
Flat$400,000
3Golden PointVIC 3350Rising
Above average for Victoria
Rising$415,000
4Mount ClearVIC 3350Rising
Above average for Victoria
Rising$430,000
5AlfredtonVIC 3350Rising
Above average for Victoria
Rising$420,000
6Ballarat CentralVIC 3350Rising
Above average for Victoria
Rising$430,000
7Brown HillVIC 3350Rising
Above average for Victoria
Rising$440,000
8Ballarat NorthVIC 3350Rising
Above average for Victoria
Rising$425,000
9Ballarat EastVIC 3350Rising
Above average for Victoria
Rising$410,000

Weakest 12-month outlook in Ballarat: houses

Suburbs where the median house price outlook is softest, weakest first.

#SuburbPrice outlookRent outlookMedian price
1LucasVIC 3350Rising
Below average for Victoria
Rising$650,000
2AlfredtonVIC 3350Rising
Below average for Victoria
Rising$670,000
3Mount PleasantVIC 3350Rising
Below average for Victoria
Rising$560,000
4Brown HillVIC 3350Rising
Below average for Victoria
Rising$650,000
5Mount HelenVIC 3350Rising
Around the middle for Victoria
Rising$750,000
6RedanVIC 3350Rising
Around the middle for Victoria
Rising$520,000
7Invermay ParkVIC 3350Rising
Around the middle for Victoria
Rising$695,000
8Mount ClearVIC 3350Rising
Around the middle for Victoria
Rising$600,000
9Ballarat NorthVIC 3350Rising
Around the middle for Victoria
Rising$610,000
10Soldiers HillVIC 3350Rising
Around the middle for Victoria
Rising$640,000
11WendoureeVIC 3355Rising
Around the middle for Victoria
Rising$540,000
12NewingtonVIC 3350Rising
Around the middle for Victoria
Rising$625,000
13Ballarat CentralVIC 3350Rising
Around the middle for Victoria
Rising$670,000
14Lake GardensVIC 3355Rising
Around the middle for Victoria
Rising$710,000
15Black HillVIC 3350Rising
Around the middle for Victoria
Rising$605,000
16CanadianVIC 3350Rising
Around the middle for Victoria
Rising$600,000
17Ballarat EastVIC 3350Rising
Around the middle for Victoria
Rising$545,000
18Lake WendoureeVIC 3350Rising
Around the middle for Victoria
Rising$1,080,000
19SebastopolVIC 3356Rising
Around the middle for Victoria
Rising$520,000
20DelacombeVIC 3356Rising
Around the middle for Victoria
Rising$600,000
21Miners RestVIC 3352Rising
Above average for Victoria
Rising$650,000
22Smythes CreekVIC 3351Rising
Above average for Victoria
Rising$630,000
23SmythesdaleVIC 3351Rising
Among the strongest in Victoria
Rising$660,000

Weakest 12-month outlook in Ballarat: units

Suburbs where the median unit price outlook is softest, weakest first.

#SuburbPrice outlookRent outlookMedian price
1Ballarat EastVIC 3350Rising
Above average for Victoria
Rising$410,000
2Ballarat NorthVIC 3350Rising
Above average for Victoria
Rising$425,000
3Brown HillVIC 3350Rising
Above average for Victoria
Rising$440,000
4Ballarat CentralVIC 3350Rising
Above average for Victoria
Rising$430,000
5AlfredtonVIC 3350Rising
Above average for Victoria
Rising$420,000
6Mount ClearVIC 3350Rising
Above average for Victoria
Rising$430,000
7Golden PointVIC 3350Rising
Above average for Victoria
Rising$415,000
8SebastopolVIC 3356Rising
Among the strongest in Victoria
Flat$400,000
9WendoureeVIC 3355Rising
Among the strongest in Victoria
Rising$380,000

How to read this

  • Rising and Easing mean the estimate points clearly up or down over the next 12 months. Anything within 1% either way is shown as Flat, because a change that small is inside the estimate's margin.
  • The rank compares a suburb with every suburb in its own state that has an outlook, from among the strongest (top fifth) to among the weakest (bottom fifth). The ranking is the most reliable part of the estimate.
  • Only suburbs with at least 10 sales of that dwelling type in the past 12 months, at least 1,000 residents and a well-supported median price are listed. Where several suburbs share one postcode's figures, only the largest is shown.
  • The outlook is re-estimated as new suburb market data arrives, at most about once a fortnight. It describes a suburb's median, not any one property.

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Growth outlook for Ballarat: frequently asked questions

Which Ballarat suburbs have the strongest growth outlook for houses?

On the current estimate, the strongest 12-month outlook for house prices in Ballarat is in Smythesdale VIC 3351, Smythes Creek VIC 3351 and Miners Rest VIC 3352. Smythesdale VIC 3351 ranks first (among the strongest in victoria). It is an estimate of direction and relative strength, not a promise of growth.

Which Ballarat suburbs have the strongest growth outlook for units?

For units, the strongest 12-month outlook in Ballarat is in Wendouree VIC 3355, Sebastopol VIC 3356 and Golden Point VIC 3350.

How is the growth outlook estimated?

It is PropRadar's statistical model of suburb markets, checked against years of past outcomes it was not built from. Each suburb is then ranked against every other suburb in Victoria, from among the strongest to among the weakest. Ranking suburbs against each other is the part of the estimate that has held up best in testing.

Is the growth outlook a guarantee?

No. It is a model estimate based on past patterns, and markets can move against it because of interest rates, local supply, policy or events no model sees. Use it to compare suburbs and decide where to look closer, not as a prediction of what any one property will be worth. General information only, not personal advice.

How often does the outlook change?

It is re-estimated as new suburb market data arrives, which happens at most about once a fortnight.

General information only, not personal financial advice. A model estimate of suburb medians, not a valuation or a guarantee of future prices.