Ballarat’s median house sale price jumped 3.6% during the June 2022 quarter resulting in a 21.1% increase over the last 12 months according to figures released by the Real Estate Institute of Victoria. Our median house price has again reached new record high of $570,000, up from $550,000 in the … Read more
The residential rental vacancy rate in Ballarat has increased 0.1% to 1.5% in June according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in June increased $10 per week to $390 per week whilst the median rent for units/townhouses has decreased … Read more
We now have a new federal government and with that comes change in leadership, policies and the way the country is run. The changing of the guard also comes at an interesting time for our economy and our property markets, with significant change in both since the start of the … Read more
The residential rental vacancy rate in Ballarat has increased to 1.4% in May according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in May has dropped slightly to $380 per week and the median rent for units/townhouses has increased to $325 … Read more
Although I’m 100 per cent sure that all property forecasts published right now won’t get the outlook spot on, one thing we can be certain about is that this year, price growth will be slower than last year. Interest rates are now on the move and with this, growth in … Read more
Ballarat’s median house sale price jumped 4.8% during the March 2022 quarter resulting in a 22.1% increase over the last 12 months according to figures released by the Real Estate Institute of Victoria. Our median house price has again reached new record high of $550,000, up from $525,000 in the … Read more
The residential rental vacancy rate in Ballarat has increased slightly since February to 1.2% in March according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in March was $380 per week and the median rent for units/townhouses was $303 per week. … Read more
This time last year, you could’ve bought anywhere and be almost guaranteed a capital gain on your property. This year, conditions are far more complicated. In Melbourne and Sydney, prices are stabilising while in other cities, price growth is not quite as strong as it was in the final quarter … Read more
Thankfully, the worst of COVID-19 appears to now be over. For property markets however, things have become a lot more complicated and this will influence both prices and rents over the next 12 months. Positively, our economy is firmly in growth mode and international borders have reopened. There is, however, … Read more
The residential rental vacancy rate in Ballarat has remained at 1.1% in February according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in February was $380 per week and the median rent for units/townhouses was $310 per week. Below is a … Read more