Black Hill (VIC 3350): property prices & suburb profile
Ballarat LGA · Latest published data October 2025 · Page updated August 2026 · Public government records
Black Hill property prices
The typical Black Hill house sold for around $556,000 in the year to 2025-Q4, +76.0% over 10 years and +14.9% over 5 years.
Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back
View as table
| Period | Houses (yearly + recent quarters) | Units (yearly + recent quarters) |
|---|---|---|
| 2013 | $283,500 | $254,500 |
| 2014 | $321,500 | $255,000 |
| 2015 | $300,000 | $245,000 |
| 2016 | $315,000 | $186,500 |
| 2017 | $370,000 | $285,000 |
| 2018 | $405,000 | $260,000 |
| 2019 | $492,500 | $282,500 |
| 2020 | $491,000 | $340,000 |
| 2021 | $550,000 | $385,000 |
| 2022 | $642,500 | $460,000 |
| 2023 | $626,000 | $385,000 |
| 2024 | $566,000 | $362,500 |
| Apr 2024 | $660,000 | $212,000 |
| July 2024 | $617,500 | |
| Oct 2024 | $650,000 | $337,000 |
| 2025 | $540,000 | |
| Apr 2025 | $495,000 | |
| July 2025 | $572,000 | $452,500 |
| Oct 2025 | $581,000 | $461,500 |
- 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.
Black Hill medians by quarter
The most recent quarter on record for Black Hill is 2025-Q4.
| 2025-Q4 | Unit | $462k | 5 |
| 2025-Q4 | House | $581k | 9 |
| 2025-Q3 | Unit | $453k | 6 |
| 2025-Q3 | House | $572k | 20 |
| 2025-Q2 | House | $495k | 6 |
| 2025-Q1 | House | $540k | 12 |
| 2024-Q4 | Unit | $337k | 6 |
| 2024-Q4 | House | $650k | 11 |
| 2024-Q3 | House | $618k | — |
| 2024-Q2 | Unit | $212k | — |
| 2024-Q2 | House | $660k | — |
| 2024-Q1 | Unit | $450k | — |
- Sale counts are shown so you can judge how solid each median is.
Who lives in Black Hill
Black Hill has a median age of 40 and a median household income of $1,471 a week.
- Figures labelled Black Hill are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Ballarat North - Invermay" and postcode 3350 both extend beyond Black Hill.
- 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 Black Hill
Black Hill's typical house price of $556,000 is the 66th highest of the 117 Regional Victoria suburbs we cover.
Alexandra 3714
$556,000 typical house price
Alfredton 3350
$622,000 typical house price
Ararat 3377
$395,000 typical house price
Bairnsdale 3875
$463,000 typical house price
Ballarat Central 3350
$668,000 typical house price
Ballarat East 3350
$532,000 typical house price
Ballarat North 3350
$555,000 typical house price
Baranduda 3691
$656,000 typical house price
Black Hill: common questions
- How much does a house cost in Black Hill?
- About $556,000 across the 12 months to 2025-Q4, from 47 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 Black Hill prices gone up?
- Prices have risen 76.0% over 10 years and moved +14.9% 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 Black Hill?
- The typical unit price was around $414,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 17 sales.
- Can I see Black Hill 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
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- [2]
- [3]
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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.