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Ballarat Property Market Wrap – Week Ending 21 September 2025

The Ballarat property market continued its upward march this week, with both prestige and mid-tier homes drawing strong buyer attention. Across suburbs like Golden Point, Mount Helen, Lucas and Alfredton, a broad spread of properties changed hands, reinforcing Ballarat’s place as one of Victoria’s most stable and resilient regional markets.

This week’s sales activity was marked by a healthy blend of high-end lifestyle properties, investor-friendly units, and established family homes, painting a picture of a market that is appealing to both local and out-of-town buyers alike.

Golden Point Leads with Strong Prestige Sale

One of the standout sales of the week was at 2 Dunn Street, Golden Point, which achieved an impressive $865,000. The four-bedroom, three-bathroom home on 535sqm attracted competitive interest, thanks to its central location and turnkey presentation. Golden Point is increasingly being eyed by professional couples and families looking for proximity to the CBD without sacrificing lifestyle.

A more affordable opportunity in the same suburb was snapped up at 29 York Street, Golden Point, which sold for $395,000 — showing that the area remains accessible for first-home buyers or those seeking renovation potential.

Alfredton, Lucas and Bonshaw Remain Hotbeds of Family Demand

Growth corridors like Lucas and Alfredton continued their hot streak with several notable transactions. 31 Quirk Road, Lucas sold for $825,000, a strong price for a four-bedroom home in the heart of this sought-after estate. Lucas’ reputation for modern infrastructure and family-friendly design continues to underpin buyer demand.

Nearby, 55 Willoby Drive, Alfredton exchanged for $700,000, while 142 Cuthberts Road achieved $636,000, both reinforcing the suburb’s long-standing appeal to owner-occupiers.

Bonshaw also maintained its steady performance with 13 Dante Crescent selling for $535,000 and 27 Linkage Street commanding $590,000. With continued development and increasing amenity, Bonshaw remains one to watch.

Mount Helen Dominates the High End

Mount Helen emerged as a standout in the upper end of the market this week. 15 Mount Helen Drive sold for a commanding $1,076,000, while 7 Brodie Court wasn’t far behind at $780,000. These results underscore the continued demand for larger homes on generous blocks in leafy, established locations.

Wendouree: Still Delivering for Both Ends of the Market

There was solid activity across Wendouree, with 5 Aubrey Street selling for $600,000, while more budget-friendly options like 1155 Grevillea Road fetched $465,000, and 100 Giot Drive sold for $525,000. These figures confirm that Wendouree continues to offer value and versatility for investors and families alike.

Ballarat East: Resilient and Active

Ballarat East, a perennial performer in the local market, saw multiple sales again this week. Notables include 102a Johns Street at $545,000, 202 Humffray Street North at $745,000, and 5 Rice Street at $460,000. The diversity of stock and charm of heritage homes in this area continue to attract a steady stream of buyers.

More affordable units and townhouses in Ballarat East also moved this week, such as 5/221 York Street for $380,000 and 4/243 York Street at $355,000, appealing to downsizers and investors alike.

Outer Suburbs & Lifestyle Properties Hold Ground

In the lifestyle and semi-rural segments, 1 Felix Court, Miners Rest achieved $661,500, showing buyers are still keen on land and space within commuting distance to the Ballarat CBD. Meanwhile, 6 Llewellyn Court, Lucas sold for a robust $862,500, reflecting continued upward pressure on prices in premium pockets of newer estates.

Elsewhere, 412 Raglan Street South, Ballarat Central traded at $710,000, and 14 Walsh Avenue, Ballarat North moved for $410,000, proving that more traditional suburbs are holding steady and continue to perform week-on-week.

Entry-Level Options Still Available

There was also no shortage of entry-level sales this week, with homes under $450,000 still appearing in select suburbs. 706 Talbot Street South, Redan changed hands for $400,000, 14 Walsh Avenue, Ballarat North went for $410,000, and 2/504 Lydiard Street, Soldiers Hill sold for $435,000, making them ideal for those looking to enter the market or invest affordably.


Outlook

Ballarat’s September sales momentum shows no signs of slowing, and the depth of buyer interest remains impressive. With a wide range of sales across suburbs, property types, and price points, this week’s activity underscores the balanced strength of the Ballarat market. While buyer interest is strong, vendors are advised to present properties to the highest standard and price realistically to meet the market.

As we move deeper into spring, listings are expected to increase — but so is buyer competition. Ballarat continues to offer opportunities for all buyer categories, from investors and first-timers to prestige and lifestyle seekers.

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