As we move deeper into the autumn real estate season, the Ballarat market is continuing to demonstrate its versatility and resilience. The week of 16 to 22 March 2025 showcased a wide range of buyer activity, from multi-million dollar prestige deals in Newington, to value-driven first-home buyer purchases in Wendouree, to family-friendly homes in booming pockets like Winter Valley and Delacombe.
Whether you’re a seasoned investor, first-home buyer, or homeowner considering selling in 2025, this week’s results provide a telling snapshot of where the Ballarat market is headed. With interest rates steady and regional migration still a factor, Ballarat continues to perform as one of Victoria’s most stable and appealing property markets.
Let’s dive into the week’s trends, the notable sales, and what they reveal about changing buyer behaviours across Ballarat and surrounding suburbs.
Big Blocks and Bold Prices: Delacombe and Canadian Deliver
In a market where value is often measured in square metres, Delacombe and Canadian stood out this week with strong results on generously sized blocks.
24 Charolais Street, Delacombe, sold by Sean Toohey, achieved $635,000 for a well-kept three-bedroom, two-bathroom home on a 630m² block. The home’s smart layout, manicured presentation, and dual living zones resonated strongly with family buyers looking for ready-made lifestyle homes.
Not far away, 47 Greenhalghs Road, Delacombe sold for $457,250 through Giovanni Piazza, providing a more affordable pathway into the same high-growth corridor. With 748m² of land, the property is likely to attract attention from both investors and buyers looking to value-add over time.
Canadian also made headlines this week, with 4 Milverton Lane selling for $745,000 under Jarrod Cloke of Ray White. Set on a massive 1,336m², this four-bedroom home offered something that’s increasingly rare—space, both inside and out. Buyers continue to look beyond the city core for larger blocks that still maintain excellent access to the CBD.
What this tells us: Land still holds value, and demand remains strong for homes offering extra room for growing families or future development (STCA). Both Delacombe and Canadian continue to appeal to buyers priced out of Ballarat North or Newington but still seeking a strong lifestyle proposition.
Newington Leads the Premium Pack
It was Newington that recorded the highest sale of the week—1511 Sturt Street, a grand period home sold for $1,070,000 by Matt Wiltshire of Jellis Craig. This four-bedroom home, set on a generous 750m² block, combined classic heritage features with modern enhancements. Its prestigious address and proximity to Lake Wendouree and Clarendon College ensured strong competition among buyers.
Newington consistently ranks among Ballarat’s most desirable and tightly held suburbs. The suburb’s tree-lined streets, proximity to elite schools, and heritage charm mean it attracts premium prices—especially when a home is move-in ready.
What this tells us: There is still significant buyer appetite for period homes in prestigious locations. Well-presented heritage properties with lifestyle credentials are not only holding their value but attracting premium results—even in a balanced market.
First-Home Buyer Momentum in Wendouree
Wendouree has long been a key suburb for first-home buyers and investors—and this week was no exception. Three key sales showed exactly why this suburb continues to be a launchpad for new homeowners and an anchor for steady rental yields.
9/25 Dare Street, a two-bedroom brick unit, sold for $335,000 by Oscar Currell. Meanwhile, 2/1 Park Street, a slightly larger and more updated unit, achieved $400,000, listed by Phil Petrie. These results reflect strong demand from investors seeking low-maintenance rental properties with strong returns and minimal upkeep.
Also notable was 36 Wattle Avenue, a two-bedroom weatherboard home on 639m², which sold for $320,000, with Dominic Morrison handling the campaign. While it may need cosmetic work, it represents a rare opportunity to get a freestanding home in Wendouree under $350,000—something that’s increasingly uncommon.
What this tells us: Wendouree continues to provide attainable price points for both investors and entry-level buyers. The suburb’s access to Stockland, Ballarat Grammar, and Wendouree Train Station ensures long-term appeal.
Winter Valley: Ballarat’s Construction Boomtown Holds Firm
Ballarat’s newest master-planned suburb, Winter Valley, continues to see steady turnover, with buyers attracted to the clean, modern housing stock and accessible price points.
114 Sundance Boulevard, sold by Joshua Donaldson for $490,000, offered a stylish three-bedroom, two-bathroom home on a compact 260m². This kind of product appeals to both downsizers and busy professionals who want low maintenance, single-level living.
Similarly, 14 Red Robin Drive, handled by Brendan Elliott, sold for $500,000. While the block size was larger, the appeal remained the same—modern design, efficient floorplan, and proximity to Delacombe Town Centre.
What this tells us: There’s consistent buyer demand for modern homes in new estates—particularly those priced under $550,000. Winter Valley’s continued development and infrastructure rollout are fuelling both capital growth and buyer confidence.
Sebastopol: Still Delivering Bang for Buck
Sebastopol remains a prime target for those wanting maximum space for their money. The suburb consistently delivers strong value for first-home buyers, investors, and growing families.
15 Bonshaw Drive, a four-bedroom home on a sizeable 716m² block, sold for $525,000 through Mitchell Burgess. With multiple living areas and a double garage, the home exemplifies the kind of value Sebastopol offers compared to suburbs closer to the CBD.
Also in the mix was 2/94 Beverin Street, a two-bedroom townhouse sold by Michael McIntosh for $355,000. This type of low-maintenance property is ideal for renters, downsizers, or investors seeking solid rental returns without strata hassles.
What this tells us: Sebastopol continues to grow in appeal as Ballarat’s urban fringe expands. Buyers are finding real value here, especially for detached homes on larger blocks.
Golden Point and Ballarat East: Period Charm Still Selling Strong
Inner-urban charm is alive and well, with Golden Point and Ballarat East holding firm for those seeking homes with character.
308 Larter Street, a beautifully kept three-bedroom home, sold for $519,000, listed by Tony Zelencich. The property’s period features, polished timber floors, and proximity to the CBD made it a highly attractive option for both owner-occupiers and investors.
Meanwhile, 112 Eureka Street, Ballarat East, sold for $500,000, with Will Munro overseeing the campaign. This five-bedroom home on 674m² proves there’s still high demand for family-sized dwellings in city-fringe areas.
What this tells us: Period homes in walkable, inner locations are still in demand—especially when they blend character with functionality. Buyers are willing to pay for location, charm and amenity.
Lucas and Garibaldi: Land Sales Reflect Demand for Growth and Space
It wasn’t just houses moving this week—vacant land also played a key role.
118 Dyson Drive, Lucas, a 640m² titled block, sold for $313,000 through Dominic Morrison. This sale reflects growing demand for build-ready blocks in well-serviced, family-oriented estates.
On the rural fringe, 217 Lockyers Road, Garibaldi, sold for $395,000, handled by Niels Geraerts. This 14.16-hectare block offers a rare opportunity for tree-changers or long-term land bankers looking for future potential.
What this tells us: Land remains a valuable asset, both in suburban and rural contexts. Whether for immediate build or future planning, buyers are looking to secure a foothold in Ballarat’s ongoing growth story.
Summary: Ballarat’s Balanced Market in Motion
With sales ranging from $313,000 to $1.07 million, Ballarat’s property market is showing strong signs of balance. Entry-level homes are still moving quickly, especially when priced well and presented cleanly. At the other end of the scale, prestige homes and lifestyle blocks are achieving healthy results, with buyers willing to stretch budgets for space, quality, and location.
This week’s trends at a glance:
- Investor Activity Remains High: Units in Wendouree and Sebastopol are providing reliable yields and affordable entry points.
- Premium Suburbs Still Command Attention: Sales in Newington, Canadian and Golden Point remain robust, especially for well-maintained homes with period features or extra land.
- Growth Corridors Continue to Move: Delacombe, Winter Valley and Lucas are attracting steady interest from families and upgraders.
- Land Sales Are Holding Value: Even with tightening supply in some pockets, both titled and rural land are drawing competition.
As the market heads into the second quarter of 2025, all signs point to continued buyer confidence—driven by affordability, lifestyle appeal, and Ballarat’s maturing infrastructure.
Thinking of Buying or Selling in Ballarat?
Whether you’re looking to make a move or simply keeping a pulse on the market, this week’s sales show that Ballarat remains one of the most diverse and dynamic real estate markets in regional Victoria.
Top agents like Matt Wiltshire, Sean Toohey, Tony Zelencich, Brendan Elliott, Joshua Donaldson, Dominic Morrison, Jarrod Cloke, Oscar Currell, Will Munro, Michael McIntosh, and Giovanni Piazza are achieving strong results for sellers across all price points.
Now could be the perfect time to evaluate your position—whether it’s preparing to sell, investing in a rental opportunity, or taking the first steps into homeownership.
sales data was compiled from realestate.com.au