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Ballarat Weekly Real Estate Wrap: Market Insights for June 15–21, 2025

As Ballarat entered the third week of June 2025, the local property market demonstrated notable consistency in turnover and price trends, with a varied portfolio of sales that continue to reflect both buyer confidence and suburb-level stability. From classic heritage homes in Eureka to modern builds in Bonshaw, activity spanned multiple price brackets, offering a strong cross-section of the market’s rhythm. This week’s sales update spans from Sunday, June 15 to Saturday, June 21, 2025.


Steady Activity from Alfredton to Mount Pleasant

Among the standout results this week was a premium five-bedroom home at 809 Tress Street, Mount Pleasant, sold by Sean Toohey of McGrath Ballarat for $810,000. Situated on an expansive 1,375m² block and featuring ample parking and two bathrooms, the sale reflects growing interest in well-established residential pockets with larger land allotments.

Alfredton also continued to shine with several solid outcomes. 1927 Sturt Street, Alfredton, a four-bedroom home with five-car capacity on over 1,300m², was sold by Jo Thornton of Ray White for $840,000. The appeal of Alfredton’s blend of lifestyle and accessibility is clearly resonating with buyers. Nearby, 16 Robertson Drive, a five-bedroom, two-bathroom home on 936m², sold for $691,000, further confirming the suburb’s ongoing demand.


Sub-$400K Bracket Still Active, Units and Land Attracting Interest

At the more affordable end of the market, there was a noticeable uptick in unit and land transactions. 13/209 Leith Street, Redan, a compact two-bedroom unit, was sold for $300,000, while 16/216 Forest Street, Wendouree fetched $380,000. Both sales were handled by Ballarat Real Estate and signal ongoing appetite from investors and first-home buyers targeting established rental markets or entry-level ownership.

Even more noteworthy was the sale of 9 Steinfeld Street, Ballarat Central—a 301m² parcel of land sold for $220,000 by Buxton. This result is in line with the strategic value being placed on central redevelopment sites, particularly with future medium-density or bespoke builds in mind.


Buyers Continue to Target Mid-Range Family Homes

Ballarat’s mid-range family homes remain a consistent performer. Sales around the $600,000 mark were widespread and indicative of the market’s centre of gravity. Highlights include:

  • 14 Josephine Way, Sebastopol: A four-bedroom home with dual living spaces and four-car capacity, sold for $607,500 by Buxton.
  • 19 Grainger Parade, Lucas and 22 Crowther Drive, Lucas, both modern family homes, sold for $610,000 each, reinforcing Lucas’s status as a go-to for families wanting new builds with space and local amenity.
  • 21 Dairymans Way, Bonshaw sold for $550,000, continuing Bonshaw’s quiet but consistent appeal to buyers seeking value just beyond Ballarat’s urban fringe.

Elsewhere, 211 Lexton Street, Wendouree, a substantial five-bedroom home, transacted at $591,000 through Ray White, indicating growing demand in Wendouree’s spacious residential corridors.


Premium Sales Hold Ground in Mount Clear and Alfredton

High-value transactions this week reflected the draw of elite family homes and the allure of suburban prestige. 1334 Geelong Road, Mount Clear, a four-bedroom, two-bathroom home, sold for $725,000, showing Mount Clear’s continued pull for buyers valuing privacy, space, and lifestyle. Also notable was the sale of 1927 Sturt Street, Alfredton, already mentioned above, which pushed toward the top tier of Alfredton results this month.


Investor-Focused and Downsizer Activity Remains Present

Lower-density living options such as townhouses and smaller single-level homes also changed hands this week. 10/316 Smythes Road, Delacombe, a two-bedroom, two-bathroom townhouse, sold for $430,000, aligning with the rental demand from tenants seeking modern, low-maintenance living in growth corridors.

Similarly, 29 Heales Street, Mount Pleasant, a three-bedroom, two-bathroom home on over 1,100m², sold for $610,000—a sign that Mount Pleasant continues to draw buyers wanting both character and land.

The lower end of the market saw solid movement too. 1 Miller Street, Sebastopol, sold for $291,000, offering three bedrooms on nearly 1,000m²—demonstrating how regional affordability continues to attract attention from renovators and first-time buyers.


Suburb Trends: Wendouree, Lucas, Sebastopol Showing High Turnover

Wendouree was especially active, accounting for multiple transactions, including a unit, a family home, and a townhouse—all pointing to this suburb’s broad market appeal. Likewise, Lucas continues its strong march forward, with two $610,000 sales highlighting its popularity among families who want new builds within minutes of schools and shops.

Sebastopol is emerging as another hotspot. With sales ranging from $291,000 to over $600,000, the suburb offers a full price spectrum and continues to be a magnet for both investors and owner-occupiers alike.


Looking Ahead

As the Ballarat market progresses into late June, key indicators suggest a stable winter market underpinned by consistent buyer interest across multiple price points. The balance between affordability, lifestyle, and future development potential continues to drive activity across nearly every suburb.

While stock remains tight in certain higher-end segments, transaction volumes suggest Ballarat is sustaining momentum even as the season cools. For sellers considering a winter campaign, the data shows buyers remain actively engaged and willing to pay for quality offerings with location, land, or renovation potential.


Final Thoughts

This week’s Ballarat property sales—from $220,000 for inner-city land to over $840,000 in Alfredton—reaffirm the city’s position as a robust, diverse, and opportunity-rich market. Whether it’s an entry-level unit, an infill land site, or a luxury family home, the demand is there.

We’ll continue to track all market activity weekly to keep you informed. Stay tuned for next week’s update as we enter the final stretch of June 2025.

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