The latest figures released by the Real Estate Institute of Victoria indicate that the residential rental vacancy rate for Ballarat has remained the same as September at 1.7% for October.
Ballarat median rents decreased slightly in October to $332pw, units/townhouses have increased from $275pw to $290pw.
The vacancy rates in Melbourne remained steady at 2.2% and Regional Victoria also remained steady at 1.6% for October.
Median rents for houses in metro Melbourne now sit at $470pw, while median rent for units remained the same at $430pw.
Source: REIV
Australian property prices continue to demonstrate resilience with modest monthly growth across February 2025. House prices recorded a 0.2 per cent monthly increase, bringing the national mean to $909,617, while unit values rose by 0.2 per cent to reach $675,820. The market’s steady performance reflects ongoing supply constraints balancing against … Read more
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