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  • Applications Open: Commercial Landlord Hardship Fund 3

    Eligible commercial landlords with total taxable landholdings under $3 million that waive rent for their tenants between 28 July 2021 and 15 January 2022 can apply for grants of up to $6000 per tenancy. In cases of acute hardship, small landlords may be eligible for grants of up to $10,000 … Read more

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  • Council Rates and Land Tax

    Over the last month you will have received your new council rate notice for the 2021/2022 rating year which commenced on the 1st of July 2021. Each year, all rateable properties are revalued with a valuation date of 1 January. The valuation included in your 2021/2022 rate notice will refer … Read more

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  • Coronavirus Land Tax Relief

    The Victorian Government has announced a package to assist landlords and tenants impacted by the coronavirus (COVID-19) pandemic.Landlords and tenants are expected to negotiate a rent reduction consistent with the support package announced on 15 April 2020 and in good faith. Guidance about what good faith negotiations entail is available … Read more

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  • Draft Lands Strategy to Support and Grow Local Industry

    The City of Ballarat is taking steps to ensure Ballarat has a sufficient future supply of commercial and industrial land to help our economy grow and provide employment opportunities.To help meet the future needs of the community, Council is undertaking a review of employment lands throughout the city to ensure … Read more

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  • Vacancy Rates Drop in August

    The residential rental vacancy rate in Ballarat have dropped in August to 1.5% from 1.6% in July, according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in August was $360 per week and the median rent for units/townhouses was $300 per … Read more

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  • Slight Rise in Ballarat’s Vacancy Rates

    The residential rental vacancy rate in Ballarat have risen slightly in July to 1.6% from 1.5% in June, according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in July was $370 per week and the median rent for units/townhouses was $285 … Read more

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  • Ray White Now – Real Time Market Update September 2021

    Welcome to this month’s real time residential market insights, we’ve created this document to provide clarity to all our customers on what is happening in the market now. As Australasia’s largest real estate group, selling one in every nine homes across Australia, we are uniquely placed to provide our clients with the … Read more

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  • Highest Yearly Price Growth In 5 Years

    Ballarat’s median house sale price jumped 4.6% during the June 2021 quarter resulting in a 14.5% increase over the last 12 months according to figures released by the Real Estate Institute of Victoria. Our median house price has reached new record high again of $475,000, up from $454,000 in the … Read more

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  • Record Breaking Year

    The financial year to June 2021 was as special as special can get for the real estate industry. We finish the year humbled to be part of an industry, and indeed a country, that thrived during times of such uncertainty, when so many other industries and countries were discriminatively impacted … Read more

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  • Ballarat Vacancy Rates Drop in June

    The residential rental vacancy rate in Ballarat dropped in June to 1.5% from 1.6% in May, according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in June was $350 per week and the median rent for units/townhouses was $295 per week. … Read more

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