The Ballarat property market has surged into late July with renewed energy, recording an impressive array of transactions across every price tier. From historic homes in Golden Point to sprawling lifestyle properties in Mitchell Park and polished townhouses in Alfredton, the market continues to demonstrate its resilience and broad buyer appeal. This week saw strong demand across all suburbs, with several multimillion-dollar and semi-rural sales further reinforcing Ballarat’s status as a balanced regional powerhouse.
Leading the charge was the landmark sale of 22 Alfred Street South in Newington, which fetched a commanding $1,875,000. With five bedrooms, three bathrooms, and two-car parking on a 700m² allotment, this premium home exemplifies the high-end charm of central Ballarat living. Buyers in this bracket continue to value the combination of heritage charm and modern luxury, especially when paired with inner-suburb amenity.
Not far behind was 136 Sunraysia Drive in Mitchell Park, a sprawling five-bedroom home with room for seven cars on 2.27 hectares, selling for $920,000. Properties of this scale with a semi-rural edge remain tightly held, making this a standout sale that reflects Ballarat’s growing appeal for those seeking acreage within arm’s reach of city conveniences.
Lucas also posted a high-profile result, with 22 Butler Street selling via Buymyplace for $900,000. The four-bedroom, five-car residence demonstrates that premium suburban homes continue to attract top-tier buyers even without traditional agency representation. Lucas remains one of Ballarat’s strongest performing growth corridors, with infrastructure and family appeal pushing prices steadily upward.
Lake Gardens once again impressed with two strong results: 21 Cinnamon Drive sold for $667,500 and 18 Somerset Avenue reached $559,000. Both homes showcase the enduring popularity of this leafy, established suburb—well located and highly desirable for both investors and owner-occupiers.
Bonshaw continues its ascent as a mid-tier performer, with several four-bedroom homes exchanging hands between $560,000 and $650,000. 9 Buniya Street sold for $650,000, while 12 Marion Street changed hands at $560,000. These results highlight Bonshaw’s sweet spot in the market—appealing to young families seeking new builds in emerging communities with growing infrastructure.
Winter Valley and Alfredton maintained their dominance in the family home segment. 6 Duchess Drive sold for $595,000, while 5 Doramy Court in Alfredton closed at $620,000. At a more accessible end of the market, a tidy townhouse at 31 Balanada Close in Alfredton sold for $405,000, appealing to downsizers and first-home buyers alike.
Meanwhile, activity in Sebastopol remained brisk, led by the sale of 11 Kyle Street for $410,000 and 32 Charlotte Street for $260,000. Sebastopol’s value proposition continues to draw interest, particularly from those prioritising affordability and renovation potential.
Further reinforcing the market’s diversity, Scarsdale’s 2240 Glenelg Highway property secured $625,000 for a four-bedroom home set on 2.02 hectares, while Redan showed strength with multiple sales including 720 Talbot Street South at $460,000 and 425 Skipton Street at $392,500.
Miners Rest also had a notable sale this week, with 27 Raglan Street achieving $742,000. The four-bedroom, four-car property sat on a 1,207m² block, reflecting continued demand for large family homes with extra garaging and yard space—key assets for buyers seeking lifestyle upgrades within city limits.
The week’s most affordable sales included an apartment in Soldiers Hill at 7/304 Clarendon Street, which sold for $340,000, and a one-bedroom unit in Alfredton at 1/11 Vale Street, which went for $360,000. These price points demonstrate that entry-level buyers still have viable pathways into the Ballarat market, despite rising median prices across the region.
In the Ballarat East precinct, activity was high with multiple transactions including 20 Specimen Vale South ($420,000), 17 St Pauls Way ($649,000), 5 Steffen Close ($640,000), and 5/217 York Street ($395,000). This suburb continues to be a consistent performer, offering heritage charm and proximity to town with prices that appeal to a wide demographic.
Meanwhile, buyers looking for more land gravitated toward Brown Hill, where 20 Holmsgarth Court sold for $810,000 and 37 Apple Orchard Drive commanded $1,300,000—both well above the Ballarat median. These results confirm that demand for prestige homes with land is alive and well.
Wendouree remained active, with 24 Webbcona Parade trading for $450,000 and 5 Symons Street closing at $490,000. These figures reinforce Wendouree’s reputation as a solid suburb with increasing gentrification and excellent public transport access.
The week’s lowest sale came from Waubra, where 18 Hall Street sold for $230,000. While not representative of the broader Ballarat market, it reflects the continued appetite for bargain buys on the regional fringe—particularly for buyers looking to enter the market at any level.
Looking forward, Ballarat’s market is showing no signs of cooling. The depth of buyer demand across both the premium and affordable ends of the market, paired with Ballarat’s rising profile as a lifestyle city, continues to draw attention from Melbourne-based buyers, regional upgraders, and investors alike.
As we edge closer to spring, sellers who bring well-presented homes to market—particularly in high-demand pockets like Alfredton, Lucas, and Lake Gardens—are likely to see strong engagement. Conversely, buyers hoping to secure family homes under $700,000 will need to act quickly and decisively, as stock remains limited and competition is fierce.
Ballarat remains one of Victoria’s most balanced and opportunity-rich markets. Whether you’re chasing acreage in Mitchell Park, a chic townhouse in Soldiers Hill, or a first home in Sebastopol, this city continues to deliver.