One of Ballarat’s newer suburbs, Winter Valley, is approximately 5.4 square kilometres.The population of Winter Valley in 2011 was 4,932 people and by the 2016 Census the population was 6,309 showing a population growth of 27.9% in the area during that time.
CoreLogic data indicates that the predominant age group in Winter Valley is 20-29 years with households in Winter Valley being primarily couples with children and are likely to be repaying $1,400 – $1,799 per month on mortgage repayments, and in general, people in Winter Valley work in a trades occupation. In 2011, 72.5% of the homes in Winter Valley were owner-occupied compared with 71.5% in 2016.
Welcome to this week’s real time residential market insights, we’ve created this document to provide clarity to all our customers on what is happening in the market now. As Australasia’s largest real estate group, selling one in every nine homes across Australia, we are uniquely placed to provide our clients with the … Read more
The August residential rental vacancy rate for Ballarat has fallen to 2.2%, down from 2.4% in July and 2.6% in March according to the latest figures released by the Real Estate Institute of Victoria. This is good news for Ballarat investors and proves how resilient the Ballarat rental market has … Read more