Sell with Confidence
Read More

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

  • Ballarat Rental Vacancy Rate Drops To 12 Month Low

    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

    Read Full Post

  • Ray White Now November 2021

    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

    Read Full Post