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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
Ballarat East has 213 houses available for sale. The median property price for a house is currently 475,000 with annual capital growth of -6.31 . There were 129 house sales in the past 12 months. On average, houses spend 44 days on market.
If you're thinking about buying an investment property in Ballarat East, consider that rental yields for houses are currently 4.31 with an average median rent of 400 weekly. Houses have seen 0.00 growth in the past quarter, and -6.31 growth in the past 12 months.
The size of Ballarat East is approximately 6 square kilometres. It has 15 parks covering nearly 21% of total area. The population of Ballarat East in 2011 was 5,308 people. By 2016 the population was 5,612 showing a population growth of 5.7% in the area during that time. The predominant age group in Ballarat East is 20-29 years.
Households in Ballarat East are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat East work in a professional occupation. In 2011, 60% of the homes in Ballarat East were owner-occupied compared with 56.7% in 2016.
Ballarat East has 38 units available for sale. The median property price for a unit is currently 415,000 with annual capital growth of 5.73 . There were 23 unit sales in the past 12 months. On average, units spend 56 days on market.
If you're thinking about buying an investment property in Ballarat East, consider that rental yields for units are currently 4.84 with an average median rent of 380 weekly. Units have seen -4.82 growth in the past quarter, and 5.73 growth in the past 12 months.
The size of Ballarat East is approximately 6 square kilometres. It has 15 parks covering nearly 21% of total area. The population of Ballarat East in 2011 was 5,308 people. By 2016 the population was 5,612 showing a population growth of 5.7% in the area during that time. The predominant age group in Ballarat East is 20-29 years.
Households in Ballarat East are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ballarat East work in a professional occupation. In 2011, 60% of the homes in Ballarat East were owner-occupied compared with 56.7% in 2016.
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| Key Market Data | House | Unit |
| Median price | 475,000 | 415,000 |
| Quarterly growth | 0.00 | -4.82 |
| 12-month growth | -6.31 | +5.73 |
| Average annual growth | +6.30 | +8.03 |
| Weekly median rent | 400 | 380 |
| Gross rental yield | 4.31 | 4.84 |
| Number of Sales (12m) | 129 | 23 |
| Avg. Days on Market (12m) | 44 | 56 |
| Key Demographics | 2011 | 2016 |
| Total population | 5,308 | 5,612 |
| Population change (5y) | +6.27 | +5.70 |
| Median household income (p/w) | 858 | 971 |
| Household income change (5y) | +26.55 | +13.17 |
| Median age of persons | 38 | 40 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Ballarat East was 5,612 in 2016, a +5.70 change compared to 2011.
The predominant age group in Ballarat East is 20-29 years.
The population of Ballarat East was 5,612 in 2016, a +5.70 change compared to 2011.
The predominant age group in Ballarat East is 20-29 years.
Most of the population in Ballarat East were born in Australia.
Most of the population in Ballarat East were born in Australia.
Most of the population in Ballarat East report their religion as No Religion.
Most of the population in Ballarat East report their religion as No Religion.
Most of the population in Ballarat East report their income range as between 15,000 and 33,000 .
The median household income in Ballarat East was 971 in 2016, a +13.17 change compared to 2011.
Most of the population in Ballarat East report their income range as between 15,000 and 31,000 .
The median household income in Ballarat East was 858 in 2011, a +26.55 change compared to 2006.
Most of the population in Ballarat East work as Professional.
Most of the population in Ballarat East work as Professional.
The chart below demonstrates the various levels of education in Ballarat East.
The chart below demonstrates the various levels of education in Ballarat East.
Most of the population in Ballarat East reached a qualification level of Certificate.
Most of the population in Ballarat East reached a qualification level of Certificate.
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