Ballarat Real Estate Market Wrap: Week Ending 27 April 2025
Data sourced from realestate.com.au
Ballarat’s residential market closed out April with strength across all price brackets. From a $935,000 result in Black Hill to multiple affordable unit sales under $400,000, buyers showed no signs of retreating despite the seasonal shift. With more than 60 properties settling across the region, activity remained broad, and buyer engagement was notably strong across family, investor and prestige segments.
Private treaty continued as the dominant method of sale, and homes that were well-presented and positioned in high-demand pockets attracted early interest and competitive outcomes.
Prestige Sales Anchor Black Hill and Central Ballarat
Jarrod Cloke of Ray White Ballarat secured the standout result of the week with the sale of 7 Napier Street, Black Hill for $935,000. This substantial four-bedroom, three-bathroom home on 509 square metres offered inner-city elevation and heritage character, drawing high-end interest from buyers seeking proximity to the CBD.
Also in Black Hill, Mark Nunn of Buxton Ballarat sold 113 Sim Street for $638,700. The five-bedroom home blended space with flexibility, and its renovated presentation added to the suburb’s continued reputation for delivering value across multiple price points.
Over in Ballarat North, 4 Daintree Close changed hands for $790,000, a well-executed campaign by Jarrod Cloke. With four bedrooms and a large 899 square metre block, the property resonated with families looking to upsize within a mature and leafy precinct.
In central Ballarat, 413A Drummond Street was sold by Brooke Reynolds of Jellis Craig for $765,000. Offering a mix of modern updates and period detail, this city-fringe home captured interest from professionals and downsizers keen to secure a walkable address with minimal compromise.
Family Market Fuels Mid-Range Turnover
The middle of the market remained strong, with consistent demand for family homes in the $500,000 to $700,000 bracket.
In Brown Hill, 16 Chiara Court sold for $675,000 through Goldfish Real Estate’s Sourav, highlighting the appeal of contemporary layouts in a suburb known for its peaceful streets and school access.
Scott Petrie of Trevor Petrie Real Estate oversaw the sale of 8 Verona Street, Winter Valley, which achieved $577,000. The four-bedroom, two-bathroom home appealed to buyers targeting modern builds close to Delacombe Town Centre.
Also in Winter Valley, 4 Warbler Court sold for $565,000, with Sourav of Goldfish Real Estate again delivering a strong result in a popular family enclave.
In Mount Clear, Jarrod Cloke managed the sale of 34 Bradby Avenue for $500,000. With four bedrooms and three car spaces, the home drew buyers looking for size, flexibility and a generous block.
5 Eureka Terrace, Ballarat East was sold for $580,000 by Tash Guinea of Ray White Ballarat. A character-filled three-bedroom home on 755 square metres, it combined period charm with functional updates, making it a standout in the suburb.
Lachlan Sylvia of Ballarat Real Estate closed the sale of 5 Flewin Avenue, Miners Rest for $580,000, while Scott Petrie sold 2896 Colac-Ballarat Road in Dereel for $660,000, reflecting renewed interest in semi-rural homes offering land and lifestyle without leaving behind accessibility.
Affordable Market Delivers Volume and Stability
Investor and entry-level activity remained strong, especially in Sebastopol, Golden Point and Mount Clear.
Lachlan Sylvia handled multiple transactions in Sebastopol, including 381 Albert Street, which sold for $400,000, and 3/104 Vickers Street, which achieved $315,000. These results confirm that Sebastopol continues to be a high-volume performer in the sub-$400,000 bracket.
In Wendouree, 1012 Grevillea Road sold for $490,000 via Lachlan Sylvia, while 5 Marigold Street changed hands for $440,000, also under his guidance.
Mount Pleasant’s 101 Morton Street was sold for $465,000 by David Wilson of Fletchers Ballarat. A three-bedroom home with classic presentation, it drew interest from both investors and first-home buyers.
Mount Clear delivered again with 4/1127 Geelong Road, sold by Dean Mifsud of Ray White Ballarat for $355,000. Meanwhile, Sean Toohey of McGrath Ballarat secured 1/614A Nicholson Street, Black Hill for $450,000, a tidy three-bedroom unit offering location and low maintenance.
Additional affordable highlights included:
- 1/1834 Geelong Road, Mount Helen sold for $420,000 by Phil Petrie of Trevor Petrie Real Estate
- 1/7 McKee Street, Golden Point sold for $340,000 by Mitchell Burgess of Ballarat Real Estate
- 2/50 Cuthberts Road, Alfredton achieved $225,000, sold by Peter Burley of Buxton Ballarat
- 19 Ron Court, Canadian sold for $330,000 through Mark Nunn of Buxton Ballarat
Key Takeaways and Suburb Trends
- Black Hill confirmed its reputation for high-value, character-rich sales at the top of the market while also delivering value-driven outcomes in the mid-tier bracket
- Ballarat East remained a consistent performer with strong sales above $550,000, offering walkable streets and heritage homes at a more accessible price
- Winter Valley, Mount Clear and Brown Hill continue to anchor the family home market in the $550,000 to $700,000 range
- Sebastopol and Wendouree saw solid turnover under $450,000, continuing to serve as reliable catchments for investors and first-home buyers
- Fringe and lifestyle buyers were active in Dereel and Miners Rest, chasing space and land without sacrificing commuting distance
Market Insight and Outlook
Buyers are showing an increasing preference for low-maintenance homes with completed upgrades. Properties with fresh paint, modern kitchens, and neat landscaping are attracting better offers and quicker campaign results.
Homes offering multiple garage spaces or large driveways also continue to outperform, particularly among buyers seeking storage, workshops or future flexibility.
With activity remaining steady as we head into May, Ballarat’s housing market appears well-balanced and buyer-ready. Those listing homes now are likely to benefit from low stock levels and competitive buyer sentiment.
Thinking of selling in Q2? High-quality homes with sharp presentation are in strong demand across Ballarat’s core suburbs.
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All sales data sourced from realestate.com.au