Sell with Confidence
Read More
News

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

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 June 2022

    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

    Read Full Post

  • Ballarat Vacancy Rates for May

    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

    Read Full Post