The Ballarat property market has pushed firmly into August with remarkable breadth and volume, offering something for every buyer segment — from sprawling lifestyle retreats in Snake Valley and Sulky to tightly held townhouses in Black Hill and Lucas. As interest continues to build in the regional market due to its affordability, infrastructure, and lifestyle advantages, Ballarat’s property landscape remains dynamic, competitive, and full of opportunity.
This week, Learmonth took top billing with a commanding rural result. 402 Weatherboard Road, a four-bedroom, two-bathroom home set across a huge 15.38 hectares, changed hands for $950,000. Properties of this scale continue to attract buyers seeking semi-rural freedom while remaining connected to regional town centres. The rise in demand for acreage post-COVID hasn’t let up, and Learmonth’s peaceful setting and proximity to Lake Learmonth only adds to its appeal.
Not far behind was 1154 Midland Highway in Sulky, which sold for $870,000. This lifestyle acreage offers four bedrooms on over 4 hectares, with room for shedding, horses, or simply enjoying the serenity. Sulky continues to garner attention from tree-changers seeking space, especially as land scarcity within Ballarat’s metro ring intensifies.
Back in the city fringe, Enfield recorded a healthy price of $685,000 for 32 Wattledale Avenue. This four-bedroom property on a 4,527m² block represents the ideal mix of semi-rural peace and accessibility. As more buyers seek out value in larger blocks with established homes, suburbs like Enfield are increasingly viewed as strategic long-term buys.
Ballarat North saw one of the week’s strongest urban results, with 12 Teal Avenue commanding $750,000. With four bedrooms, two bathrooms, and space for five vehicles on a generous 1,189m², this sale highlights the suburb’s appeal for upsizing families and buyers prioritising location, land size, and quality presentation.
Soldiers Hill, ever popular due to its proximity to the station and CBD, delivered again with 326 Armstrong Street North selling for $680,000. This three-bedroom home on 485m² combines period character with inner-city convenience, a pairing that continues to draw both owner-occupiers and investors keen on long-term capital growth.
Miners Rest also performed solidly with 24 Arranmore Drive selling for $652,000. The four-bedroom, two-bathroom property on 635m² demonstrates the sustained interest in Ballarat’s northwestern growth corridor, buoyed by new developments, schools, and easy access to the freeway.
Meanwhile, Lucas was busy with a cluster of sales, indicating continued buyer interest in this master-planned suburb. 52 Daly Drive fetched $630,000, while 12 O’Callaghan Parade settled at $606,000. These four-bedroom homes typify the modern family appeal of Lucas — fresh builds, low maintenance lots, and strong community infrastructure. Land continues to be in demand too, with 57 Grainger Parade (576m²) trading for $305,000, a reminder that buyers are still keen to build despite construction cost pressures.
In Redan, 1014 Ripon Street South moved for $610,000 — a notable result for a four-bedroom, two-bathroom home on 568m². This affordable inner-suburb continues to attract a mix of buyers looking for access to the CBD without the Soldiers Hill price tag. Likewise, Black Hill saw three strong results: 9 Edwardes Street at $569,000, 3/506 Sherrard Street at $435,000, and 518 Havelock Street at $610,000, reinforcing its position as a reliable performer across different price brackets.
In Mount Clear, both older and newer homes found willing buyers. 17 Mansfield Avenue changed hands for $529,000 while 9 Henry Avenue sold for $645,000, showing the suburb’s versatility and value. Mount Clear continues to evolve, with an increasing number of families opting for its combination of bushland feel, large blocks, and newer builds.
Over in Canadian, 127 Canadian Lakes Boulevard achieved $638,000, while 19 Kevlar Close went for $485,000. The suburb’s mix of lakeside estate living and smaller, older homes appeals to a wide range of budgets and lifestyles. Its continued infrastructure growth and connection to Mount Clear make it a suburb to watch.
Alfredton, Ballarat’s consistent western performer, recorded multiple solid sales, with 2 Townsend Court moving at $525,000 and 17 Ningana Street at $560,000. With its blend of established homes, schools, and parks, Alfredton remains one of the city’s safest long-term bets.
In Lucas, beyond the larger homes, 65 Warburton Drive sold for $560,000, proving there’s appetite for quality three-bedroom homes under the $600K mark. The suburb’s lifestyle amenities, education precincts, and growing commercial offerings contribute to its growing appeal.
Smaller properties also found success this week. 1/222 Peel Street North in Ballarat East, a two-bedroom apartment, sold for $385,250, a competitive price for a neat inner-east location with immediate rental potential. Similarly, 3/506 Sherrard Street in Black Hill and 3/236 Malop Street in the city offer low-maintenance options for investors and downsizers alike.
Delacombe, often favoured for new builds and family homes, delivered a solid result with 9 James Drive selling for $520,500. The suburb continues to attract value-conscious buyers, thanks to its larger block sizes and ongoing retail and schooling development.
Finally, Wendouree, often the engine room of affordable investment sales, saw continued activity. 75 McNulty Drive sold for $460,000, while 8 Iris Avenue changed hands at $431,500. These results reflect Wendouree’s firm standing as Ballarat’s most accessible suburb for investors, first-home buyers, and retirees alike.
In the broader region, Snake Valley registered a land sale at Lot 6, 1010 Smythesdale Snake Valley Road for $255,000. At nearly 3,000m², this block will likely attract those wanting to build their dream home on a quiet, semi-rural plot — a growing trend in the post-pandemic regional migration wave.
This week’s sales reaffirm Ballarat’s market fundamentals: a strong mix of heritage, growth suburbs, affordable investment stock, and increasingly valuable fringe land. Buyer sentiment remains positive, and while the overall market is measured, it’s clearly being driven by long-term confidence rather than short-term speculation. As more Melburnians explore lifestyle alternatives and locals seek affordable upsizing, Ballarat is perfectly positioned to meet demand across the board.