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Ballarat Property Market Update – Week Ending 12 October 2025

Ballarat’s property market continues to thrive this October, with fresh momentum across several key suburbs and a solid volume of sales pushing buyer sentiment higher. From established areas like Alfredton and Wendouree to expanding zones like Lucas and Winter Valley, the breadth of movement this past week signals ongoing confidence across all buyer types — first home buyers, upgraders, downsizers and investors alike.

Let’s unpack this week’s activity suburb by suburb.

Wendouree: High Volume and Broad Appeal

Wendouree led the way this week with multiple transactions that captured the suburb’s affordability and broad family appeal. Topping the list was 4 Tarn Place, which sold for $576,000 — a solid result for a four-bedroom home with dual bathrooms and parking for four vehicles on over 700sqm of land.

Just around the corner, 33 Brinkley Avenue changed hands for $495,000, and 1172 Norman Street fetched $534,501. These homes reflect Wendouree’s ability to deliver family-sized houses on generous blocks, still within reach for mid-tier buyers. With strong public transport access, schools, and nearby shopping hubs, it’s no surprise the area remains one of Ballarat’s most active.

Alfredton Dominates the Mid-High Market

Alfredton continued its reign as Ballarat’s most in-demand suburb, with seven separate sales this week alone. 85 Sydney Way achieved $730,000, while 88 Alfredton Drive wasn’t far behind at $695,000. These figures illustrate how the suburb consistently draws buyers with its premium family homes, excellent schooling zones, and proximity to Lucas’ amenities.

Other Alfredton sales include 7 Zircon Street at $620,000, 9 Brewster Street at $610,000, and 33 Cuthberts Road, which sold for a very accessible $460,000, showing Alfredton’s range from entry-level to executive. Whether it’s newer builds or older gems ready for renovation, Alfredton remains one of the most versatile performers in Ballarat.

Lucas, Winter Valley and Bonshaw: Growth Corridor Gains

As Ballarat’s western corridor grows, so too does buyer appetite. In Lucas, 62 Shortridge Drive sold for $719,000, a strong result for a four-bedroom family home on a neat 597sqm block. Buyers are increasingly drawn to Lucas for its modern infrastructure, master-planned design, and lifestyle conveniences.

Winter Valley backed this up with a robust sale at 38 Revelstoke Way, which settled at $680,000, while nearby Bonshaw saw 44 Dante Crescent change hands for $586,000. These figures signal strength across Ballarat’s newer estates, where buyers are getting better bang for buck with turnkey homes and easy access to arterial roads.

Sebastopol: Holding Ground with Strong Unit Sales

Sebastopol once again proved that value is alive and well in Ballarat. This week saw 27B Spencer Street sell for $415,000, 2/105a Yarrowee Street go for $335,000, and 621 Rubicon Street move at $561,000 — the latter highlighting the demand for homes with larger sheds or garaging.

Sebastopol’s unit market also had a strong showing, making it an attractive choice for first-home buyers or investors seeking yield. With future infrastructure upgrades tipped for the area, Sebastopol remains one to watch.

Canadian, Redan and Soldiers Hill: Inner Suburb Action

The inner-ring suburbs had a vibrant week as well. 607 Kline Street, Canadian traded for $556,000, offering four bedrooms and two bathrooms — a testament to Canadian’s value proposition for growing families wanting proximity to nature and central Ballarat.

In Redan, two-unit sales stood out: 3/511 Drummond Street South at $340,000, and 1/509 Drummond Street at $375,000, which reflects ongoing interest from investors and downsizers alike. With consistent rental demand and walkability, Redan holds strong appeal.

Meanwhile, Soldiers Hill had a standout week. 324 Armstrong Street North secured $825,000, highlighting the premium for this heritage-rich precinct. A one-bedroom cottage at 207 Havelock Street also sold for $417,000, underscoring the suburb’s mix of character homes and central positioning.

Lucas to Lake Wendouree: Demand Spanning All Budgets

Lake Wendouree featured this week with 10 Cowan Street settling at $550,000 — a competitive price for a three-bedroom home in Ballarat’s most exclusive postcode. Though the sale sits under the million-dollar mark, it confirms that buyers are still finding value in tightly held areas, especially if they’re willing to renovate or modernise.

Ballarat North added another layer to the inner-market performance with 2/910 Armstrong Street North selling for $460,000 — a sensible price for a low-maintenance home in a prime locale.

Meanwhile, Black Hill contributed 1/43 Sweeney Street at $472,000, showing that elevated, character-filled homes with a proximity to town continue to drive interest.

Scarsdale and the Semi-Rural Fringe

Regional fringe activity came from Scarsdale, where Lot 9 Moppianimum Road — a 2.32-hectare residential landholding — sold for $355,000. This is a clear sign that land remains an attractive long-term investment, especially for buyers seeking space and flexibility without straying too far from town.

With limited land release across Ballarat’s west, opportunities in areas like Scarsdale may see more attention moving forward from both owner-builders and savvy land-bankers.


Final Word

This week’s Ballarat market summary confirms continued confidence and activity across all sectors of the market. From affordable units under $350,000 to larger homes in the $700,000-plus bracket, buyers are not sitting still — they’re ready to move when the right property comes up.

Whether it’s the prestige of Soldiers Hill, the modern appeal of Lucas, the diversity of Alfredton, or the outer promise of Scarsdale, Ballarat continues to offer something for everyone. With inventory remaining relatively tight and interest holding strong, we anticipate continued market resilience as we push toward late October.

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