Regional Victoria · 3350 · 115 km from CBD

Buyer's Agent in Ballarat

Ballarat is a regional market we research rather than one we have transacted in — we hold no tracked settlements here, so the figures on this page are market research, not our own record. At $475K with $420/wk rent the gross yield is 4.60% before land tax, management, insurance, maintenance, vacancy and interest, which is high enough that the property can be held without renovation — critical for SMSF investors who face restrictions on property improvements. The below-2% vacancy rate ensures virtually zero downtime between tenants.

Avg Purchase

$475K

$400,000 – $550,000

Avg Rent

$420/wk

$380 – $480/wk

Avg Yield

4.60%

4.16% – 5.26%

Avg Land

600 sqm

500 – 800 sqm

Avg Capital Gain

$40K

Per property

Properties Tracked

In our portfolio

Why Invest in Ballarat?

1

Absolute positive cash flow — rent covers all holding costs

2

SMSF-friendly (no renovation restrictions to worry about)

3

Regional hub status with healthcare, education, retail

4

Federation University and multiple hospitals drive rental demand

5

Vacancy rate below 2% — extremely tight rental market

Living in Ballarat

Transport

V/Line Ballarat line — 75 min to Southern Cross. Western Freeway connects to Melbourne.

Schools

Federation University, Ballarat Grammar, Ballarat Clarendon College. Strong regional education hub.

Schools in Ballarat(8 schools indexed)

View on map →

Sourced from ACARA MySchool 2025 + Department of Education Victoria. Primary schools ranked by NAPLAN Year 5 reading + numeracy mean against all 1,285 ranked Victorian primaries. Secondary schools ranked by VCE 2025 40+ score % against all 607 Victorian secondaries.

Ballarat Clarendon College

Independent
Prep-121,896 students197 teaching staff
VIC #4 · VCEICSEA 1172 (98%ile)LBOTE 46%

Loreto College

Catholic
7-12948 students92 teaching staff
VIC #212 · VCEICSEA 1073 (76%ile)LBOTE 5%

Ballarat Primary School (Dana Street)

Government
Prep-6227 students22 teaching staff
VIC #321/1,285 · NAPLAN Y5ICSEA 1069 (75%ile)LBOTE 15%

Ballarat North Primary School

Government
Prep-6330 students29 teaching staff
VIC #376/1,285 · NAPLAN Y5ICSEA 1002 (48%ile)LBOTE 8%

Black Hill Primary School

Government
Prep-6397 students34 teaching staff
VIC #549/1,285 · NAPLAN Y5ICSEA 1042 (65%ile)LBOTE 6%

Newington Primary School

Government
Prep-6278 students24 teaching staff
VIC #847/1,285 · NAPLAN Y5ICSEA 1007 (50%ile)LBOTE 8%

Mount Pleasant Primary School

Government
Prep-6129 students10 teaching staff
VIC #1,052/1,285 · NAPLAN Y5ICSEA 972 (34%ile)LBOTE 9%

St Patrick's College

Catholic
7-121,267 students124 teaching staff
ICSEA 1055 (70%ile)LBOTE 3%

Infrastructure & Amenities

Ballarat Base Hospital, Stockland Wendouree, Bridge Mall, Sovereign Hill, Lake Wendouree.

Demographics

Regional hub demographics — healthcare workers, educators, tradespeople. Strong community with historical character.

Ready to Invest in Ballarat?

Our team has sourced multiple properties in Ballarat. Book a free strategy call to discuss your investment goals.

Frequently asked questions

Is Ballarat a good suburb to invest in?

Ballarat is a regional market we research rather than one we have transacted in — we hold no tracked settlements here, so the figures on this page are market research, not our own record. At $475K with $420/wk rent the gross yield is 4.60% before land tax, management, insurance, maintenance, vacancy and interest, which is high enough that the property can be held without renovation — critical for SMSF investors who face restrictions on property improvements. The below-2% vacancy rate ensures virtually zero downtime between tenants. That is our assessment based on our own transaction record — historical data, not a forecast.

How much does an investment property cost in Ballarat?

The average investor purchase price we record in Ballarat 3350 is $475K, within an observed range of $400,000 – $550,000. We have no tracked transactions in this suburb yet — the figures are research rather than transaction history.

What is the rental yield in Ballarat?

The average gross rental yield we record in Ballarat is 4.60%, across an observed range of 4.16% – 5.26%. Gross means before land tax, management fees, insurance, maintenance, vacancy and loan interest — every one of which reduces the number.

How much weekly rent does a property in Ballarat earn?

The average weekly rent we record in Ballarat is $420, across a range of $380 – $480/wk. Rent varies with house type, land size and condition — these are rents actually achieved on properties we track, not appraisals.

How big are the blocks in Ballarat?

The average land size we record in Ballarat is 600 sqm, within a range of 500 – 800 sqm. Land size is what decides small second dwelling feasibility in Victoria — the Amendment VC253 permit exemption threshold is 300 sqm.

Can you build a granny flat in Ballarat?

Ballarat is in Victoria, so Amendment VC253 applies: no planning permit is usually required where the lot is in the RGZ, GRZ or NRZ, is larger than 300 sqm, the second dwelling is 60 sqm or less, and there is only one existing dwelling on the lot. The average block in Ballarat is 600 sqm. Overlays and restrictive covenants can independently trigger a permit and must be checked lot by lot.

What is driving property growth in Ballarat?

The drivers we record for Ballarat are: Absolute positive cash flow — rent covers all holding costs; SMSF-friendly (no renovation restrictions to worry about); Regional hub status with healthcare, education, retail; Federation University and multiple hospitals drive rental demand. Those are verifiable facts about the area; what they do to future prices is not something anyone can guarantee.

How far is Ballarat from the Melbourne CBD and what is the transport like?

Ballarat is about 115 km from the Melbourne CBD. V/Line Ballarat line — 75 min to Southern Cross. Western Freeway connects to Melbourne.

What are the schools like in Ballarat?

Federation University, Ballarat Grammar, Ballarat Clarendon College. Strong regional education hub. This page indexes 8 schools in Ballarat, with primary schools ranked statewide by 2025 NAPLAN Year 5 reading and numeracy mean and secondary schools by VCE 40+ score percentage, sourced from ACARA MySchool and the Victorian Department of Education.

What is the demographic profile of Ballarat?

Regional hub demographics — healthcare workers, educators, tradespeople. Strong community with historical character.

What infrastructure and amenities does Ballarat have?

Ballarat Base Hospital, Stockland Wendouree, Bridge Mall, Sovereign Hill, Lake Wendouree.

How many properties has PremiumRea bought in Ballarat?

We have no tracked transactions in Ballarat yet, so the figures on this page are a research profile rather than transaction history. We say so on the page rather than letting research data read like transaction data.

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