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Ballarat Property Market Wrap – Week Ending 2 August 2025

Ballarat’s property market showed no signs of cooling this past week, delivering a large volume of transactions across every major corridor. Buyers remained confident across all segments—from prestige homes in Lake Wendouree and Alfredton to budget-friendly units in Sebastopol and Wendouree. As we enter the final stretch of winter, the Ballarat market continues to balance value, opportunity, and variety for both homeowners and investors alike.

The standout sale of the week came from sought-after Lake Wendouree, where 8 Haddon Street sold for an impressive $1,065,000. This elegant three-bedroom, two-bathroom home on 461m² represents the enduring prestige of this tightly held area, where heritage charm meets lifestyle appeal just metres from the lake, schools, and cafés. Results like these reaffirm Lake Wendouree as one of Ballarat’s most premium enclaves.

Prestige demand wasn’t limited to the lakefront. 108 Fisken Road in Mount Helen, a rare lifestyle acreage boasting four bedrooms and expansive shedding on 4.73 hectares, fetched $975,000. Properties with land continue to hold appeal for buyers chasing privacy and flexibility—especially those prioritising room to grow in semi-rural settings.

Meanwhile, Winter Valley continues to dominate Ballarat’s growth corridor, with numerous sales this week showcasing strong mid-tier demand. Notable transactions included 12 Corvara Drive at $750,000, 2 Sapporo Street at $630,000, and 9 Bowerbird Grange at $540,000. These results highlight the suburb’s broad appeal for upgraders, new families, and investors alike. With its consistent new build activity and modern infrastructure, Winter Valley remains one of Ballarat’s most bankable markets.

In nearby Delacombe, demand also held strong. 14 Edmund Drive sold for $660,000, while 20 Macquarie Close fetched $645,000. These four-bedroom homes appeal to families seeking value and space just minutes from shopping centres, schools, and parks. Additionally, 21 Chifley Drive sold for $507,000, demonstrating solid activity in the more affordable segment of the suburb.

Alfredton had a big week, cementing its status as one of Ballarat’s most consistently high-performing family suburbs. Among the week’s top results were 31 Karol Street at $660,000, 49 Vetrano Avenue at $596,000, 7 Beldi Street at $665,000, and 11 Balanada Close at $520,000. These figures reflect Alfredton’s ongoing draw for buyers who prioritise proximity to top schools and master-planned estates.

Newington, one of Ballarat’s classic inner suburbs, proved its continued appeal with the sale of 16 Muir Crescent at $630,000 and 410 Pleasant Street South at $500,000. These results show that even with rising interest rates, buyers remain willing to pay a premium for location, established neighbourhood character, and convenience to the CBD.

Further east in Ballarat East, a flurry of activity reflected healthy turnover at the more affordable end of the market. Sales included 109 Humffray Street North at $545,000, 40 Ebden Street at $370,000, and 40 Edwards Street, Sebastopol at $375,000. Buyers remain alert to opportunities where price growth potential and rental yields align. Similarly, 2/6 Birdwood Avenue, Sebastopol, sold for just $330,000, and 9 Tristan Drive changed hands for $345,000, showing continued appetite for investor-ready stock.

Mount Helen, a family-friendly enclave known for its treed surrounds and proximity to Federation University, also attracted strong buyer interest. Beyond the premium result on Fisken Road, 316 Eddy Avenue sold for $665,000, while 2 Albert Street in Miners Rest reached $610,000—again proving that the outskirts of Ballarat are delivering high value per square metre.

Budget-conscious buyers found further opportunity in Wendouree, Canadian, and Redan. Results included 5/2 Evelyn Street, Wendouree at $296,500, 1116 Norman Street at $480,000, and 2 Colette Court, Canadian at $541,000. In Redan, a two-bedroom unit at 2/509 Drummond Street South sold for just $315,000, ideal for those looking to enter the market or expand a rental portfolio.

Meanwhile, Soldiers Hill continued its steady performance with 1/10 Wood Street selling at $455,000, and 704 Neill Street closing at $435,000. With proximity to the station and Ballarat’s cultural precinct, Soldiers Hill remains a staple for buyers seeking walkability and period charm.

Other notable results include 102 Brittain Street, Mount Pleasant, which sold for $500,000, and 4 Heales Street at $460,000, showing healthy demand in mid-tier locations. Likewise, 438 Rodier Street, Canadian changed hands for $520,000, and 2 Sapporo Street, Winter Valley continued that suburb’s strong run at $630,000.

To round out the week, a vacant land parcel at 15 Spoonbill Avenue, Winter Valley, sold for $305,000, showing that even with new home supply increasing, buyers remain active in the land market—particularly when positioned near schools, transport, and shops.

From a trend perspective, Ballarat remains a tale of three markets. The prestige sector is holding firm, with properties in Lake Wendouree, Alfredton, and Mount Helen attracting strong competition. The mid-tier suburbs like Winter Valley, Delacombe, and Canadian continue to deliver consistent turnover. And affordable locations such as Sebastopol, Wendouree, and Redan offer attractive entry points and yields, keeping first-home buyers and investors in the game.

As Ballarat heads into August, stock levels remain steady, buyer sentiment is resilient, and suburb-by-suburb activity suggests that well-presented, fairly priced properties are still being absorbed quickly. Whether you’re trading up, downsizing, or stepping onto the ladder, the city continues to offer balanced opportunities in every price bracket.

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