Sell with Confidence
Read More
News

Ballarat Vacancy Rate Continues To Sit At Record Low For Another Month

By Sarah Wilson

The residential rental vacancy rate continued it’s record low in Ballarat remaining at 0.7% for January according to figures released by the Real Estate Institute of Victoria.

The January median rent for houses in Ballarat is $338pw and Units/Townhouses $260pw.

Vacancy rate for metro Melbourne is 2.1 per cent, while regional Victoria was 1.2 per cent.

Median rents for metro Melbourne rose for both houses and units to $470pw and $430pw respectively meanwhile regional Victoria experienced decreases on both houses ($330pw) and units ($260pw).

With many professionals moving to Ballarat to start work we are experiencing high demand for rental properties and with our office vacancy rate currently at 0.19% we are in urgent need of more rental properties.

If you have a rental property and would like to discuss how we can assist you with finding a tenant and ongoing management please contact Jordan Keast on 0476 666 008.

Up to Date

Latest News

  • Ray White Now – Real Time Market Update April 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

    Read Full Post

  • Records Tumble in February

    Momentum continues to build across all Australasian property markets, as the collective efforts of our members delivered $6.1 billion in sales for February, up $2 billion or 49 per cent in February 2020. This is our best February result recorded, driven largely by a record result in NSW and very … Read more

    Read Full Post