Ballarat Central (VIC 3350): property prices & suburb profile

Ballarat LGA · Latest published data October 2025 · Page updated August 2026 · Public government records

Ballarat Central · VIC 3350 · typical house price · 12 months to 2025-Q4
$668,000+75.6%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (138 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$668,000
138 sales over 4 quarters
Typical unit price
$482,000
12 months to 2025-Q4, 38 sales
Sales in the last year
176
houses + units
SEIFA advantage decile
7 of 10
Ballarat Central

Ballarat Central property prices

The typical Ballarat Central house sold for around $668,000 in the year to 2025-Q4, +75.6% over 10 years and +11.7% over 5 years.

Property type
1Y
3Y
5Y
10Y
Houses
+7.9%
-19.0%
+11.7%
+75.6%
Units
+16.1%
-0.6%
+49.7%
+60.8%

Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back

Houses (yearly + recent quarters)
Units (yearly + recent quarters)
242k379k515k651k788k20162018202020222024quarterly from here
View as table
PeriodHouses (yearly + recent quarters)Units (yearly + recent quarters)
2013$322,000$228,000
2014$327,500$242,500
2015$353,000$267,000
2016$385,000$275,500
2017$430,000$255,000
2018$447,500$278,000
2019$515,000$260,500
2020$560,000$468,500
2021$710,000$392,500
2022$687,500$402,500
2023$611,500$398,500
2024$575,000$390,000
Apr 2024$530,000$370,000
July 2024$537,500$412,000
Oct 2024$590,000$418,500
2025$635,000$365,000
Apr 2025$583,500$410,000
July 2025$650,000$433,000
Oct 2025$750,000$558,800
  • Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
  • The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
  • The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
  • Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
  • Periods with fewer than 5 recorded sales are excluded.

Ballarat Central medians by quarter

The most recent quarter on record for Ballarat Central is 2025-Q4.

Ballarat Central medians by quarter
2025-Q4Unit$559k19
2025-Q4House$750k49
2025-Q3Unit$433k7
2025-Q3House$650k26
2025-Q2Unit$410k6
2025-Q2House$584k29
2025-Q1Unit$365k6
2025-Q1House$635k34
2024-Q4Unit$419k7
2024-Q4House$590k28
2024-Q3Unit$412k9
2024-Q3House$538k
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Ballarat Central

Ballarat Central has a median age of 41 and a median household income of $1,454 a week.

Population (Ballarat Central)
5,378
Median age (Ballarat Central)
41 years
Median household income (Ballarat Central)
$1,454/wk
People per square kilometre
1,422
Average taxable income (postcode, 2023)
$72,613
SEIFA advantage decile (Ballarat Central)
7 of 10
Addresses in the suburb (G-NAF)
5,187
Rooftop solar installs, 12 months (postcode)
530
How Ballarat Central homes are held
Owned outright
32.3% · 758
Owned with a mortgage
25.3% · 594
Rented
40.1% · 940
Ballarat Central homes by bedroom count
1 bedroom or studio
5.8% · 133
2 bedrooms
27.1% · 626
3 bedrooms
48.9% · 1,131
4 bedrooms
15.7% · 362
5 or more
2.6% · 61
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)from income, education, occupation and housing
7 of 10
Relative disadvantage (IRSD)from low income, low education and unskilled occupations
6 of 10
Economic resources (IER)from household income, wealth and housing costs
2 of 10
Education and occupation (IEO)from qualifications and skilled work
9 of 10
  • Figures labelled Ballarat Central are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Ballarat" and postcode 3350 both extend beyond Ballarat Central.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Suburbs near Ballarat Central

Ballarat Central's typical house price of $668,000 is the 22nd highest of the 117 Regional Victoria suburbs we cover.

All Regional Victoria suburb research

Ballarat Central: common questions

How much does a house cost in Ballarat Central?
About $668,000 across the 12 months to 2025-Q4, from 138 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
Have Ballarat Central prices gone up?
Prices have risen 75.6% over 10 years and moved +11.7% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
What do units cost in Ballarat Central?
The typical unit price was around $482,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 38 sales.
Can I see Ballarat Central prices street by street?
Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
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Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.