Ballarat Real Estate Market Wrap: Week Ending 10 May 2025
Data sourced from realestate.com.au
Ballarat’s property market pushed deeper into May with another confident performance across all segments. From lifestyle acreages in Grenville and Durham Lead to sought-after family homes in Alfredton, this week’s results highlighted Ballarat’s ongoing versatility and depth.
With over 40 confirmed transactions, Ballarat’s west and south-west growth corridors once again drew the lion’s share of buyer interest. Buyers chasing lifestyle upgrades also made their presence known, snapping up acreage holdings in Berringa, Durham Lead and Scarsdale. Meanwhile, investors and downsizers continued to stay active in Sebastopol, Canadian and Mount Clear.
Prestige Sales Drive Top-End Demand Across the Region
This week’s top sale came from Josh Todd of Ray White Ballarat, who secured $1,045,000 for 25 Flemings Road, Grenville. Set on over eight hectares, the three-bedroom home with extensive shedding and outdoor space appealed to lifestyle seekers looking for privacy without sacrificing proximity to Ballarat’s services.
Also standing out was 353 Buninyong-Mount Mercer Road, Durham Lead, sold by Jay Kalogerakis of Ballarat Real Estate for $800,000. Offering over six hectares and a spacious three-bedroom residence, this sale reaffirmed the growing demand for acreage lifestyle properties in Ballarat’s outer districts.
In Alfredton, Jo Thornton of Ray White Ballarat delivered a strong result with 25 Robertson Drive, selling for $795,000. Set on a large 1,106 square metre block, this four-bedroom family home attracted significant attention thanks to its land size and location.
Mid-Range Market Remains the Engine Room of Buyer Activity
Alfredton and Winter Valley dominated the mid-range sales bracket, where buyers secured quality homes between $500,000 and $700,000. These areas remain top-of-mind for families seeking newer homes with modern layouts and easy access to schools, parks and shopping centres.
Key sales included:
- 10 Caligari Way, Alfredton sold by Mark Nunn of Buxton Ballarat for $660,000, a modern four-bedroom home on 449 square metres.
- 6 Curragh Court, Invermay Park, a four-bedroom property on 859 square metres, sold by Jo Thornton for $685,000.
- 19 Waverley Street, Linton, sold by Briana Craig of Buxton Ballarat for $675,000, proving lifestyle on the city fringe remains a priority for many buyers.
- 15 Wedge Tail Drive, Winter Valley, a four-bedroom home sold by Tash Guinea of Ray White Ballarat for $528,000, further reinforcing Winter Valley’s reputation as a family favourite.
- 4 Heathcote Drive, Lucas, sold by Michael McIntosh of Buxton Ballarat for $560,000, another example of Lucas holding its position as a steady performer.
Other mid-range highlights included 20 Steamboat Avenue, Winter Valley, sold by Elijah Tong of Ballarat Real Estate for $572,500, and 690 Snowgum Road, Berringa, a lifestyle property sold by Dean Mifsud of Ray White Ballarat for $610,000.
Affordable Market Continues to Draw Investors and Entry-Level Buyers
Sebastopol, Canadian and Mount Clear remained reliable hunting grounds for investors and first-home buyers this week, with multiple sales under $500,000.
- 8/120 Grant Street, Sebastopol sold by Dominic Morrison of Ballarat Real Estate for $310,000, an attractive price point for investors seeking rental yield.
- 9/106 Whitehorse Road, Mount Clear, a neat two-bedroom home, was sold by Tash Guinea for $412,000.
- 4/3 Spencer Street, Sebastopol, a three-bedroom townhouse, sold by Jarrod Cloke of Ray White Ballarat for $410,000.
- 13 Tristan Drive, Sebastopol, another townhouse, sold by Brooke Reynolds of Jellis Craig for $333,300, continuing Sebastopol’s reputation as a reliable market for affordable housing.
In Canadian, 44 Kirby Avenue sold by Giovanni Piazza of Ray White Ballarat achieved $600,000, while 120 Yarana Drive, Mount Helen sold by Mitchell Burgess of Ballarat Real Estate for $495,000.
Key Takeaways and Suburb Trends
- Lifestyle buyers continued to lead the prestige bracket, securing large holdings in Grenville, Durham Lead, Scarsdale and Berringa.
- Alfredton and Winter Valley confirmed their positions as Ballarat’s go-to suburbs for family buyers, with numerous sales in the $500,000 to $700,000 range.
- Sebastopol and Canadian delivered multiple sub-$450,000 results, demonstrating their ongoing appeal for investors and entry-level buyers.
- Lucas and Invermay Park achieved strong results for larger family homes, showing that buyers are still prioritising land size and quality builds.
Market Insight and Outlook
With strong results across lifestyle, family and affordable segments, Ballarat’s market shows no signs of slowing. Buyers are actively targeting well-presented, move-in ready properties, particularly those with generous land sizes or additional living flexibility.
Investor activity is steady, particularly in established suburbs like Sebastopol, Canadian and Mount Clear, where rental yields remain attractive. Family buyers continue to fuel competition in Winter Valley and Alfredton, while lifestyle seekers are increasingly willing to stretch beyond the city fringe to secure acreage properties.
As we progress through May, sellers with well-priced, well-presented homes are likely to benefit from the continued buyer momentum before winter listings begin to tighten.
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All sales data sourced from realestate.com.au