The residential rental vacancy rate in Ballarat has dropped again in October to a 12 month low of 1.2%, down from 1.4% in September according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in October was $360 per week and the … Read more
This month we take a look at what you should consider if you’re looking to sell. Price growth continues to accelerate but we’re starting to see days on market increase, a sign that there’s a growing gap between buyer and seller expectations. In addition, the first set of finance restrictions … Read more
Ballarat’s median house sale price jumped up 5.3% during the September 2021 quarter resulting in a 17.6% increase over the last 12 months according to figures released by the Real Estate Institute of Victoria. The median house price in Ballarat has reached a new record high of $500,000, up from … Read more
The residential rental vacancy rate in Ballarat have dropped again in September to 1.4% from 1.5% in August, according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in September was $370 per week and the median rent for units/townhouses was $310 … Read more
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
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
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
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
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
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