Sell with Confidence
Read More
News

Ballarat Vacancy Rates Hold Steady

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

Up to Date

Latest News

  • Powerhouse Agents Team Up

    Local agents Will Munro and Sam Borner have teamed up with Peter Ludbrook and Jarrod Cloke to create a powerhouse business at Ray White Ballarat. The merger of the two strong local real estate agencies solidified a powerful alliance in the local real estate market. This strategic move represents a … Read more

    Read Full Post

  • Ray White Now – February 2024

    Australian property prices continued to increase in December and into January and are now well above the previous peak in 2021 for both houses and units. While surprising, given the rapid interest rate increases, the growth reflects a combination of continued population growth and limited new housing supply. With supply … Read more

    Read Full Post