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.
We now have a new federal government and with that comes change in leadership, policies and the way the country is run. The changing of the guard also comes at an interesting time for our economy and our property markets, with significant change in both since the start of the … Read more
The residential rental vacancy rate in Ballarat has increased to 1.4% in May according to the latest figures released by the Real Estate Institute of Victoria. Ballarat’s median rent for houses in May has dropped slightly to $380 per week and the median rent for units/townhouses has increased to $325 … Read more