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Ballarat Real Estate Market Wrap – Week Ending 13 July 2025

Ballarat’s winter market is in full swing, with the week ending 13 July 2025 delivering a significant volume of sales across a diverse range of price points and property types. From prestige acreage sales in Cardigan and Dereel to affordable homes in Sebastopol, the local market continues to prove its depth and resilience—even amid the colder months.

This week’s standout performer was 19 Ibis Gardens Court, Cardigan, which sold for a massive $2,595,000. With six bedrooms, four bathrooms, and an incredible 16-car garage on over 4,100m², this home represented the absolute top end of the Ballarat market and set the tone for a strong week in luxury transactions. It wasn’t the only property in Cardigan to fetch a premium: 140 Ibis Gardens Court also changed hands for $1,430,000, showing strong buyer confidence in the high-end semi-rural lifestyle segment just outside Ballarat proper.

In Brown Hill, another prestige property at 37 Apple Orchard Drive achieved a price of $1.3 million, with four bedrooms, two bathrooms, and three-car accommodation on a 742m² block. Buyers looking for luxury close to the city clearly haven’t shied away, and the multiple sales above $1 million this week prove Ballarat’s top-tier homes remain in demand.

Mount Helen, often a hidden gem for families seeking space, also had a standout week. A sprawling 3,990m² property at 120 Moss Avenue fetched $850,000, while 314 Eddy Avenue sold for $835,000. Both homes featured large blocks, mature gardens, and spacious interiors, ideal for growing families or those wanting a semi-rural lifestyle with city access.

Meanwhile, suburban family homes in Alfredton, Winter Valley, Lucas, and Mount Clear made up the bulk of the mid-range action. Prices in these areas generally hovered between the $600,000 and $850,000 range. One of the strongest sales in this bracket was 32 Arrandale Avenue in Alfredton, which brought in $845,000 for a five-bedroom, two-bathroom home with dual car parking on a 724m² block. Other properties like 25 Martland Street in Lucas ($600,000), 28 Dove Avenue in Winter Valley ($575,000), and 156 Mansfield Avenue in Mount Clear ($430,000) highlighted the diverse options available to families and investors alike.

It was also a week where investors could find value. Entry-level homes and units were still trading steadily, showing that the lower end of the market hasn’t gone quiet. At the more affordable end, we saw 1/6 Manna Gum Heights in Mount Pleasant sell for $345,000 and 310 Kinnersley Avenue in Canadian go for $360,000—both indicative of strong investor or first-homebuyer interest. These types of sales suggest that while the top end is hot, Ballarat’s market still has room for those on tighter budgets.

In Wendouree, activity remained consistent, with properties like 5 Symons Street ($490,000), 74 Marie Crescent ($520,000), and 45 Lake Street ($425,000) showing the suburb’s ongoing appeal for both families and investors. The area’s combination of affordability, established amenities, and access to schools continues to underpin its popularity.

Canadian had a strong showing this week as well, highlighted by 527 Richards Street selling for $950,000—a rare high-end offering in the suburb. At the other end of the Canadian market, more modest homes like 310 Kinnersley Avenue ($360,000) and 3 Broderick Court ($1,175,000) created a wide spread that speaks to the suburb’s evolving identity as both a growth corridor and a lifestyle destination.

Redan and Sebastopol also made noise this week with continued sales in the sub-$500,000 market, such as 805 Sebastopol Street ($355,000) and 35 Morgan Street ($420,000). These locations remain strongholds for buyers seeking access to Ballarat’s city centre at a more approachable price point. In particular, Redan is proving popular for renovators and developers thanks to its central location and mix of character homes and new builds.

Alfredton, as always, delivered strong results. Properties like 8 Beldi Street ($750,000), 3 Drysdale Court ($725,000), and 35 Dorset Drive ($660,000) show that demand for quality family homes in this masterplanned suburb remains robust. Buyers are clearly still chasing school zones, new infrastructure, and proximity to parks—making Alfredton a perennial favourite.

Not to be overlooked, acreage and lifestyle properties beyond Ballarat’s metro boundaries saw solid demand. 1010 Glenelg Highway in Smythes Creek (sold for $555,000 on 4.05 hectares) and 155 Kirks Road, also in Smythes Creek ($780,000 on 2.34 hectares), continued a trend of buyers trading up for space and semi-rural appeal without sacrificing connectivity to Ballarat’s core.

Another consistent performer was Newington, where 4 Inkerman Street sold for $500,000. This heritage-rich, tree-lined pocket continues to attract those wanting proximity to Lake Wendouree, top schools, and CBD access. Likewise, Soldiers Hill saw movement with 3/301 Neill Street trading at $420,000—proving this historic suburb remains on the radar of investors and downsizers.

Market sentiment this week has been quietly confident. Despite winter’s chill, transaction volume remains strong, and buyer competition is evident across most segments. From first-home buyers targeting sub-$500k homes in Redan or Sebastopol to upsizers vying for prestige acreage in Cardigan and Dereel, demand is clearly healthy.

Looking ahead, winter often means reduced stock levels, which can support prices as buyers compete for fewer listings. If interest rates hold steady and economic sentiment remains favourable, Ballarat is well-placed to finish the colder months on a high.

With consistent turnover in nearly every suburb and solid buyer confidence across all price points, Ballarat continues to cement its place as one of Victoria’s most stable and attractive regional property markets. For sellers, this is a window of opportunity—well-presented homes in desirable locations are being snapped up quickly, and competition is robust. For buyers, getting in now before the inevitable spring rush may prove a smart move.

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