One of the most anticipated and significant CBD developments to take place in decades is now officially open and our directors Trevor Booth & Phillip Lee recently had the opportunity to tour the facility.
Almost 1000 Victorian Public Servants of which it is expected 600 will transition from Melbourne to a range of agencies will commence the move into their new $104M home over coming months. The Ballarat site is one of three regional GovHubs in the state which will provide a boost to regional economies.
Staff from Service Victoria, Consumer Affairs Victoria, Working with Children Check Victoria, the State Revenue Office, Regional Development Victoria, the Department of Environment, Land, Water and Planning, and the Department of Education and Training and VicRoads will work from the Ballarat GovHub.
The GovHub is expected to add to the revitalisation of the Ballarat CBD through the creation of jobs, increase in business opportunities and attract private sector investment to further stimulate the local economy. The scaling up of numbers will take place during 2021-2022 with an expected surge in activity for surrounding food and retail businesses.
Undertaken by Development Victoria and constructed by Kane Nicholson there was a strong emphasis on local economic benefits with approximately 500 construction jobs and 60 regional suppliers from Ballarat, Bendigo, Geelong. Ballarat is a strong regional centre and with excellent infrastructure and affordable housing is moving into a new golden era where jobs and economic growth will benefit the entire city.
Australian property prices maintained their strong upward trajectory in June 2025, with house values rising by 1.0 per cent to $941,101, marking a solid 7.0 per cent increase over the past year. This sustained growth highlights the significant influence of two interest rate cuts earlier in the year. The March … Read more
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