Ballarat Overview
Ballarat is a growing regional centre, home to approximately 130,803 residents across 116 suburbs in Victoria. The metro area represents a solid mid-range property market, with a median household income of $84,660 per year (ABS 2021 Census). The city features a diverse regional landscape, offering varied opportunities for residential property investors.
City Investment Score
42
/ 100
Moderate
Ballarat's income profile sits in a healthy mid-range, supporting stable property demand.
Key Statistics
Avg Household Income
$84,660/yr
Avg Distance to CBD
110 km
Investment Strategy
⚠️
Buy & Hold
Ballarat offers pockets of strong growth potential — research individual suburbs carefully.
✅
Rental Yield
Ballarat's rental market benefits from strong tenant demand driven by population and employment.
⚠️
Renovation / Flip
Selective renovation projects in Ballarat can work well with careful suburb-level analysis.
Top Investment Suburbs in Ballarat
Ranked by EquitySight Investment Score · Based on income, location, transport, amenity, and rental indicators
Risk Factors
As a regional city, Ballarat's property market is more sensitive to local economic conditions.
Changes to Australian tax settings (negative gearing, CGT discount) could reshape investor returns in Ballarat.
Property markets are cyclical — Ballarat's current conditions may shift with broader Victoria economic trends.
2026 Outlook
Growth: Low
Rental Demand: Moderate
Investor Sentiment: Low
Capital growth in Ballarat may be subdued in 2026 as the market consolidates. Rental demand is expected to be stable, though competitive pricing will help minimise vacancy. Investor sentiment toward Ballarat is currently subdued — contrarian investors may find value.
Run the numbers on a Ballarat property
Full Property Analysis
30-year projections for Ballarat
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
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All 116 Suburbs in Ballarat
Alfredton 3350
Pop. 11,822 106 km to CBD $97,916/yr
regional
Wendouree 3355
Pop. 10,376 105 km to CBD $51,480/yr
regional
Sebastopol 3356
Pop. 10,194 102 km to CBD $52,676/yr
regional
Ballarat East 3350
Pop. 5,937 99 km to CBD $58,396/yr
regional
Delacombe 3356
Pop. 5,408 104 km to CBD $69,628/yr
regional
Ballarat Central 3350
Pop. 5,378 102 km to CBD $75,608/yr
regional
Brown Hill 3350
Pop. 4,489 97 km to CBD $91,364/yr
regional
Canadian 3350
Pop. 4,098 98 km to CBD $74,776/yr
regional
Ballarat North 3350
Pop. 4,041 101 km to CBD $67,080/yr
regional
Miners Rest 3352
Pop. 3,829 109 km to CBD $103,116/yr
regional
Buninyong 3357
Pop. 3,797 95 km to CBD $90,740/yr
regional
Mount Clear 3350
Pop. 3,671 99 km to CBD $76,024/yr
regional
Winter Valley 3358
Pop. 3,440 106 km to CBD $104,676/yr
regional
Mount Helen 3350
Pop. 3,011 97 km to CBD $107,952/yr
regional
Redan 3350
Pop. 3,000 102 km to CBD $55,172/yr
regional
Lucas 3350
Pop. 2,994 109 km to CBD $101,712/yr
regional
Lake Wendouree 3350
Pop. 2,878 104 km to CBD $101,556/yr
regional
Soldiers Hill 3350
Pop. 2,813 102 km to CBD $75,972/yr
regional
Mount Pleasant 3350
Pop. 2,225 101 km to CBD $70,200/yr
regional
Golden Point 3350
Pop. 2,217 100 km to CBD $68,068/yr
regional
Black Hill 3350
Pop. 2,124 100 km to CBD $76,492/yr
regional
Newington 3350
Pop. 1,844 104 km to CBD $88,140/yr
regional
Lake Gardens 3355
Pop. 1,801 105 km to CBD $79,768/yr
regional
Smythes Creek 3351
Pop. 1,762 108 km to CBD $110,864/yr
regional
Invermay Park 3350
Pop. 1,692 102 km to CBD $92,300/yr
regional
Haddon 3351
Pop. 1,276 114 km to CBD $101,140/yr
regional
Ross Creek 3351
Pop. 1,221 107 km to CBD $107,380/yr
regional
Smythesdale 3351
Pop. 1,189 114 km to CBD $86,112/yr
regional
Cardigan 3352
Pop. 1,064 112 km to CBD $141,076/yr
regional
Nerrina 3350
Pop. 970 99 km to CBD $125,060/yr
regional
Cardigan Village 3352
Pop. 957 115 km to CBD $114,400/yr
regional
Bonshaw 3352
Pop. 949 104 km to CBD $96,408/yr
regional
Invermay 3352
Pop. 900 102 km to CBD $121,940/yr
regional
Mitchell Park 3352
Pop. 887 110 km to CBD $69,264/yr
regional
Scarsdale 3351
Pop. 855 115 km to CBD $80,496/yr
regional
Snake Valley 3351
Pop. 820 123 km to CBD $63,752/yr
regional
Warrenheip 3352
Pop. 721 95 km to CBD $87,724/yr
regional
Mount Egerton 3352
Pop. 706 77 km to CBD $94,588/yr
regional
Dereel 3352
Pop. 664 106 km to CBD $65,312/yr
regional
Linton 3360
Pop. 635 125 km to CBD $59,696/yr
regional
Eureka 3350
Pop. 633 99 km to CBD $60,736/yr
regional
Lal Lal 3352
Pop. 621 84 km to CBD $93,808/yr
regional
Enfield 3352
Pop. 574 105 km to CBD $97,864/yr
regional
Napoleons 3352
Pop. 555 103 km to CBD $89,336/yr
regional
Durham Lead 3352
Pop. 408 95 km to CBD $99,632/yr
regional
Learmonth 3352
Pop. 396 118 km to CBD $79,040/yr
regional
Lake Bolac 3351
Pop. 368 186 km to CBD $63,960/yr
regional
Magpie 3352
Pop. 368 100 km to CBD $109,044/yr
regional
Langi Kal Kal 3352
Pop. 336 138 km to CBD $58,500/yr
regional
Yendon 3352
Pop. 320 89 km to CBD $103,012/yr
regional
Waubra 3352
Pop. 308 130 km to CBD $70,408/yr
regional
Bungaree 3352
Pop. 302 89 km to CBD $84,500/yr
regional
Mount Rowan 3352
Pop. 295 105 km to CBD $79,456/yr
regional
Cambrian Hill 3352
Pop. 292 102 km to CBD $106,184/yr
regional
Lexton 3352
Pop. 284 142 km to CBD $60,320/yr
regional
Navigators 3352
Pop. 276 93 km to CBD $94,224/yr
regional
Bunkers Hill 3352
Pop. 270 110 km to CBD $107,016/yr
regional
Dunnstown 3352
Pop. 259 91 km to CBD $79,092/yr
regional
Burrumbeet 3352
Pop. 249 123 km to CBD $49,348/yr
regional
Scotsburn 3352
Pop. 244 92 km to CBD $100,048/yr
regional
Sulky 3352
Pop. 234 105 km to CBD $117,000/yr
regional
Wallace 3352
Pop. 227 85 km to CBD $93,132/yr
regional
Berringa 3351
Pop. 194 113 km to CBD $46,800/yr
regional
Bakery Hill 3350
Pop. 180 100 km to CBD $65,676/yr
regional
Millbrook 3352
Pop. 180 84 km to CBD $121,316/yr
regional
Carngham 3351
Pop. 171 124 km to CBD $68,692/yr
regional
Nintingbool 3351
Pop. 168 112 km to CBD $93,184/yr
regional
Clarendon 3352
Pop. 163 88 km to CBD $93,184/yr
regional
Streatham 3351
Pop. 158 166 km to CBD $56,316/yr
regional
Cape Clear 3351
Pop. 148 119 km to CBD $62,816/yr
regional
Dean 3352
Pop. 132 95 km to CBD $75,348/yr
regional
Corindhap 3352
Pop. 131 106 km to CBD $59,540/yr
regional
Garibaldi 3352
Pop. 131 98 km to CBD $87,724/yr
regional
Springbank 3352
Pop. 117 86 km to CBD $74,724/yr
regional
Grenville 3352
Pop. 113 94 km to CBD $84,500/yr
regional
Glen Park 3352
Pop. 110 98 km to CBD $95,316/yr
regional
Mollongghip 3352
Pop. 105 90 km to CBD $117,000/yr
regional
Scotchmans Lead 3352
Pop. 105 99 km to CBD $106,600/yr
regional
Wattle Flat 3352
Pop. 104 97 km to CBD $117,000/yr
regional
Hillcrest 3351
Pop. 99 119 km to CBD $81,224/yr
regional
Windermere 3352
Pop. 96 116 km to CBD $117,000/yr
regional
Mount Mercer 3352
Pop. 94 96 km to CBD $101,816/yr
regional
Ercildoune 3352
Pop. 90 129 km to CBD $100,724/yr
regional
Happy Valley 3351
Pop. 87 121 km to CBD $61,724/yr
regional
Blowhard 3352
Pop. 82 112 km to CBD $75,816/yr
regional
Pootilla 3352
Pop. 79 94 km to CBD $84,448/yr
regional
Bullarook 3352
Pop. 77 91 km to CBD $67,132/yr
regional
Clarkes Hill 3352
Pop. 75 94 km to CBD $74,724/yr
regional
Werneth 3352
Pop. 66 120 km to CBD $71,500/yr
regional
Addington 3352
Pop. 65 123 km to CBD $54,184/yr
regional
Leigh Creek 3352
Pop. 65 93 km to CBD $71,500/yr
regional
Mannibadar 3360
Pop. 65 128 km to CBD $74,724/yr
regional
Staffordshire Reef 3351
Pop. 63 112 km to CBD $38,428/yr
regional
Westmere 3351
Pop. 62 176 km to CBD $84,500/yr
regional
Chepstowe 3351
Pop. 60 132 km to CBD $60,632/yr
regional
Weatherboard 3352
Pop. 52 121 km to CBD $93,184/yr
regional
Mininera 3351
Pop. 51 179 km to CBD $94,224/yr
regional
Lamplough 3352
Pop. 49 147 km to CBD $37,700/yr
regional
Bolwarrah 3352
Pop. 48 82 km to CBD $77,948/yr
regional
Nerrin Nerrin 3351
Pop. 48 171 km to CBD $117,000/yr
regional
Brewster 3352
Pop. 47 131 km to CBD $110,448/yr
regional
Wallinduc 3351
Pop. 42 127 km to CBD $84,448/yr
regional
Barkstead 3352
Pop. 41 85 km to CBD $90,948/yr
regional
Illabarook 3351
Pop. 41 115 km to CBD $71,500/yr
regional
Claretown 3352
Pop. 35 88 km to CBD $73,632/yr
regional
Springdallah 3351
Pop. 35 117 km to CBD $73,632/yr
regional
Rokewood Junction 3351
Pop. 34 112 km to CBD $69,316/yr
regional
Glenbrae 3352
Pop. 30 134 km to CBD $108,316/yr
regional
Mount Bolton 3352
Pop. 29 123 km to CBD $73,632/yr
regional
Mount Emu 3351
Pop. 28 139 km to CBD $81,224/yr
regional
Bo Peep 3351
Pop. 25 117 km to CBD $97,500/yr
regional
Piggoreet 3351
Pop. 17 117 km to CBD $49,348/yr
regional
Pitfield 3351
Pop. 14 120 km to CBD $97,500/yr
regional
Pittong 3360
Pop. 12 131 km to CBD $61,724/yr
regional
Willowvale 3360
Pop. 10 132 km to CBD $110,448/yr
regional
Gong Gong 3352
Pop. 6 95 km to CBD $149,448/yr
regional
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