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Ballarat’s Property Market Powers Through April with Strong Sales Across All Segments

Week Ending 14 April 2025
Data sourced from realestate.com.au

Ballarat’s property market continued its confident run into mid-April, with strong results across family suburbs, investor-friendly pockets and prestige locations. With over 70 properties changing hands this week, buyer activity remains high despite the seasonal shift toward cooler months.

The standout trend this week was depth. Homes sold across every bracket, from sub-$350,000 units in Sebastopol to large family homes above $800,000 in Soldiers Hill and Ballarat Central. Buyers are clearly active and motivated, responding quickly to well-presented, fairly priced listings.

Price Range and Market Overview

Sales activity was evenly spread across Ballarat’s suburbs, with mid-range properties once again dominating in volume. Several standout sales above $800,000 also reinforced the strength of the upper market. At the affordable end, units and smaller homes under $500,000 continued to attract investor and first-home buyer interest.

Private treaty remains the dominant method of sale, with short days on market suggesting continued competition among buyers.

Notable Sales

High-End Sales ($800,000 and above)
801 Havelock Street, Soldiers Hill sold for $850,000
504 Fisken Street, Buninyong sold for $825,000
253A Victoria Street, Ballarat East sold for $820,000
25 Loch Avenue, Ballarat Central sold for $837,000
207 Seymour Street, Soldiers Hill sold for $810,000

These results highlight strong demand for well-located, character-filled homes near the city centre or in prestigious fringe locations. Soldiers Hill in particular continues to attract high-end buyers looking for charm and convenience.

Mid-Range Sales ($500,000 to $800,000)
410 Dawson Street South, Ballarat Central sold for $715,000
514 Somerville Street, Buninyong sold for $720,000
36 Lakeland Drive, Lucas sold for $695,000
605 Grant Street, Ballarat Central sold for $650,000
8 Cherry Court, Canadian sold for $593,000
50 Kilkenny Drive, Alfredton sold for $605,000
420 Clayton Street, Canadian sold for $575,000
10 Brolga Boulevard, Winter Valley sold for $570,000
311 Landsborough Street, Ballarat North sold for $580,000

These suburbs continue to be competitive among upgraders and relocating families. With many homes offering four bedrooms, generous land and modern interiors, the $600,000 to $700,000 range remains a key battleground.

Affordable Market Highlights (Under $500,000)
1/38 Orion Street, Sebastopol sold for $350,000
10 Ford Street, Ballarat East sold for $425,000
1 Kent Street, Sebastopol sold for $330,000
9/209 Tinworth Avenue, Mount Clear sold for $450,000
2/3 Flockhart Street, Mount Pleasant sold for $300,000
1/4 Morgan Street, Sebastopol sold for $405,000
10/914 Ligar Street, Ballarat North sold for $310,000
5/633 Bond Street, Golden Point sold for $383,000

Affordable stock remains a vital part of the market. These properties are drawing strong interest from investors and buyers seeking renovation potential or low-maintenance homes in accessible suburbs.

Suburb Breakdown and Trends

Soldiers Hill has had another strong week, cementing its place as one of Ballarat’s most sought-after character suburbs. Multiple sales above $800,000 show that buyers are willing to pay for location, heritage homes and walkability to the CBD.

Ballarat Central continues to demonstrate its versatility. With results ranging from $355,000 to over $800,000, the area attracts downsizers, families and investors alike. Period homes and renovated weatherboards remain popular, especially those with secure parking or modern upgrades.

Buninyong also stood out with two strong results, both above $700,000. As a lifestyle suburb with a village feel and close access to Ballarat, Buninyong appeals to buyers seeking space, privacy and a strong community.

Alfredton and Lucas continued to perform well with solid turnover in the $600,000 range. Newer homes, large blocks and proximity to schools and shops are key drawcards. Canadian and Mount Clear offered steady volume and good value, particularly for buyers priced out of central locations.

Sebastopol remains a steady performer in the affordable bracket. Units under $400,000 are moving well, often attracting multiple offers and short days on market.

Emerging Market Trends

The rise of multi-car and large-garage homes is increasingly evident. Several properties this week featured double or triple garages and off-street parking for four or more vehicles, suggesting that lifestyle and storage capacity are influencing buyer decisions.

Townhouses and units are seeing renewed investor interest. Ballarat East, Sebastopol and Ballarat North all recorded unit or townhouse sales between $300,000 and $400,000. These properties are often low maintenance, well-located and offer strong rental yield.

Buyers continue to favour move-in ready homes with few immediate maintenance needs. Homes that are staged well, freshly painted and feature landscaped outdoor areas are receiving more attention and faster offers.

Market Outlook

As we move further into April, Ballarat’s residential property market is showing few signs of slowing. The consistency in sales volume and the strength of results across different suburbs reflect a confident and well-balanced market.

While winter may bring a seasonal slowdown in new listings, buyer demand remains steady. Sellers who list now will likely benefit from reduced competition and motivated purchasers.

Ballarat continues to offer broad opportunity, from prestige character homes to entry-level investment properties. Whether you are buying, selling or investing, the key is understanding where your property sits within the market and how best to position it.

If you are looking to make a move this quarter, now is the time to plan your strategy.

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