Sell with Confidence
Read More
News

Ballarat Vacancy Rates Continue To Out Shine Metro Melbourne

The latest figures released by the Real Estate Institute of Victoria indicate that the residential rental vacancy rates have increased slightly to 1.7% for September.

Ballarat median house prices have increased for September to $340pw,  units/townhouses have held steady at $255pw.

The vacancy rates in Metro Melbourne have increased slightly from last month to 2.2%, and Regional Victoria has also noted a slight increase to 1.6% for September.

Median rents for houses in metro Melbourne now sit at $460pw, while median rent for units remained the same at $430pw.

Ballarat median rents rose to $340pw up from $333pw the previous month for houses and have remained at $275pw for units.

If you have a property and would like to discuss how we can assist you with finding a tenant and ongoing management please contact our award winning Property Management department 5337 0555.

Up to Date

Latest News

  • Little Ray of Giving is Back For 2024!

    This festive season, Ray White will continue its successful charity drive ‘A Little Ray of Giving’ for the thirteenth year running. This holiday campaign is a tradition for the brand, and serves as an opportunity for hundreds of local branches to connect with their communities while raising awareness and much-needed … Read more

    Read Full Post

  • Ray White Now – September 2024

    Australian house and unit prices continue their upward trend this month, albeit at a slower pace. Both housing types saw a modest 0.2 per cent appreciation. However, the market is exhibiting greater diversity across states and regions, reflecting varying local economic conditions. July’s CPI results indicate a continued downward trend, … Read more

    Read Full Post