Ballarat Real Estate Market Wrap: Week Ending 14 April 2025
Data sourced from realestate.com.au
Ballarat’s residential market surged confidently into mid-April, with a substantial number of properties changing hands across a wide range of price points and buyer categories. From prestige sales above $800,000 to compact units under $350,000, this week’s results reflect the ongoing depth and versatility of the local market.
A total of more than 70 properties settled across the region, demonstrating sustained momentum even as the market transitions into cooler months. Buyers remain highly responsive to well-priced and well-presented homes, particularly in high-demand suburbs such as Soldiers Hill, Ballarat Central, Alfredton, and Lucas. The balance of private treaty sales and low days on market continues to signal healthy buyer competition and pricing confidence.
Prestige Sales Cement Soldiers Hill and Central as Top Performers
Soldiers Hill once again took centre stage in the prestige bracket, where multiple homes sold well above $800,000. Ray White Ballarat’s Jarrod Cloke led the charge with the sale of 801 Havelock Street for $850,000, as well as 207 Seymour Street, which achieved $810,000. These properties, both rich in period charm and positioned close to the CBD, demonstrate the enduring appeal of Soldiers Hill among heritage home enthusiasts and professionals seeking walkability.
In Ballarat Central, Tash Guinea of Ray White Ballarat secured the sale of 25 Loch Avenue for $837,000, while Chris McAteer of Buxton Ballarat closed the deal at 253A Victoria Street, Ballarat East for $820,000. These results show that city-fringe properties with character features and modern updates continue to attract high-end buyers.
Buninyong also entered the prestige conversation this week, with Jo Thornton of Ray White Ballarat achieving $825,000 for 504 Fisken Street, a standout result that underlines Buninyong’s position as a lifestyle destination for families and retirees alike.
Mid-Range Properties Fuel Strong Turnover
The heart of Ballarat’s activity this week was in the $500,000 to $800,000 range, where family homes in growth suburbs continued to generate solid outcomes. In Ballarat Central, Tim Menz of Buxton Ballarat managed the sale of 410 Dawson Street South for $715,000, while Chris McAteer again featured with the sale of 605 Grant Street for $650,000.
Out in Lucas, Grant Horscroft of PRD Ballarat sold 36 Lakeland Drive for $695,000, a modern family home offering the land size and layout that upgraders are chasing. Jo Thornton returned with another strong result in Buninyong, selling 514 Somerville Street for $720,000, reaffirming the suburb’s consistent mid-range appeal.
Canadian also stood out with multiple sales, including 8 Cherry Court, sold by Tash Guinea for $593,000, and 420 Clayton Street, sold by Mark Nunn of Buxton Ballarat for $575,000. These homes reflect the suburb’s appeal for families seeking space without sacrificing access to the city.
Alfredton and Winter Valley also delivered mid-range results, including 50 Kilkenny Drive, sold by Jarrod Cloke for $605,000, and 10 Brolga Boulevard, sold by Tim Menz for $570,000. These suburbs continue to attract buyers with their combination of newer builds, school zones, and proximity to retail.
Affordable Market Sees Continued Investor and Entry-Level Interest
In the affordable bracket, properties under $500,000 moved swiftly, particularly in Sebastopol, Mount Clear, and Ballarat East. Tim Menz sold 1/38 Orion Street, Sebastopol for $350,000, while Jo Thornton handled 1 Kent Street, also in Sebastopol, which achieved $330,000. Units in this price range are a consistent draw for investors and downsizers.
Mount Clear and Mount Pleasant both recorded sales in the low $300,000s, including 9/209 Tinworth Avenue, sold by Jarrod Cloke for $450,000, and 2/3 Flockhart Street, managed by Chris McAteer, which sold for $300,000. These smaller properties often offer rental yield, proximity to public transport, and minimal maintenance—key features in the eyes of investors.
Ballarat East also remained active, with Chris McAteer closing the sale of 10 Ford Street for $425,000, a solid result that reflects the suburb’s continued appeal to first-home buyers and renovators alike.
Other notable sales include 1/4 Morgan Street, Sebastopol, sold by Tash Guinea for $405,000, 10/914 Ligar Street, Ballarat North, sold by Mark Nunn for $310,000, and 5/633 Bond Street, Golden Point, sold by Jo Thornton for $383,000.
Key Takeaways and Suburb Trends
Soldiers Hill continues to outperform expectations in the prestige space, supported by its proximity to the CBD, quality period homes, and walkable streetscapes. Ballarat Central showed strong breadth this week, with sales ranging from the low $400,000s up to the mid-$800,000s, highlighting its flexibility across buyer profiles.
Buninyong demonstrated sustained appeal in the upper and mid-range, while Lucas and Alfredton continue to fuel the family market with steady turnover in the $600,000 range. Canadian and Ballarat North offered reliable value, while Sebastopol, Mount Clear and Mount Pleasant provided much-needed inventory for price-sensitive buyers and investors.
Market Insight and Emerging Trends
Across Ballarat, buyers are showing a clear preference for move-in ready homes with little to no immediate renovation required. Properties featuring updated kitchens, fresh paintwork, landscaped gardens and strong street appeal are drawing faster interest and securing better offers.
Another noticeable trend is the continued popularity of homes with multiple garage spaces or generous off-street parking. From hobbyists to tradies, many buyers are prioritising storage, shedding, and flexibility in their home purchase.
Investor activity is also regaining momentum. Units and townhouses in the $300,000 to $400,000 bracket are being snapped up quickly, especially in suburbs with access to schools, universities and public transport corridors.
Outlook for April and Beyond
Ballarat’s residential property market remains in a strong position. With volume holding steady, demand from both local and relocating buyers is keeping days on market low and pushing values upward in tightly held pockets.
Looking ahead, we can expect activity to stay consistent through the remainder of April. With fewer new listings typically hitting the market in winter, sellers who bring quality stock forward now are likely to benefit from reduced competition and motivated buyers.
Whether you are looking to buy, sell or invest, the Ballarat market remains one of Victoria’s most accessible and balanced, offering opportunity across all tiers.
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All sales data sourced from realestate.com.au