Ballarat is a well known regional centre in Victoria, and an attractive place to live providing a unique combination of regional and city charm. With great transport links and facilities, it's place that is well suited to families and has a lot going for it, with solid future growth potential.
With Melbourne CBD being around 1 hour, 30 minutes away, Ballarat offers regional living for those who may hold professional jobs in Melbourne city. With solid growth in population anticipated, Ballarat is likely to be a good secure future investment for sensible investors.
We've summarised key suburb analytics below for your consideration. Want these great suburb analysis tools at your fingertips for any suburb? Register to our Professional plan now here for $49 per month - https://www.propertydirector.com.au/choose-plan.
Median Price / Capital Growth - $592,000, has seen 4.9% annual compound growth in the last 10 years
Rental Yield - 3.44%
Population - 5,367
Vacancy Rate - 0.93%
Vendor Discount Rate - 7.32%
