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Ballarat East suburb profile

Ballarat East is the city's historic gold-rush precinct, where narrow streets are lined with timber miners' cottages, Victorian terraces and bluestone walls that give the suburb a clearly period character. It sits close to the Ballarat CBD, so residents have straightforward access to the city's shops, public transport and cultural institutions, while mature street trees, small parks and local corner shops lend a domestic, lived-in feel. The housing appeals to people drawn to character homes and renovation projects as well as long-term locals, and the suburb balances its heritage streetscape with everyday amenities for a steady, inner-regional lifestyle.

Ballarat East property market performance

Current median dwelling price$477,500Past 3 months

Property growth+18.1%Past 12 months

There are relatively few recent unit sales in the suburb, so there isn't enough data to publish a reliable median unit price. The median house price is $535,000, and house values have risen sharply, up 14.3% over the last 12 months. Unit values are recorded up 22.0% over the last 12 months, a stronger rate of increase than houses.

Over the last 3 months 49 houses and 3 units were sold. Houses sold faster, in a median of 19 days on market over the last 12 months compared with 38 days for units.

The rental market in Ballarat East shows average house rents of $420 a week, up a solid 5.0% over the last 12 months. Average unit rents were $350 a week, up a modest 2.9% over the same period, so house rents grew faster.

HousesUnits
Median price
Past 3 months
$535KN/A
Change in value
Past 12 months
14.3%22.0%
Sold
Past 3 months
493
Median days on market
Past 12 months
1938
Average rent
Past 12 months
$420$350
Change in rent
Past 12 months
5.0%2.9%

5 year median price trend for houses and units

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Ballarat East demographics

Ballarat East is a community of 5,937 people with a median age of 43. The typical household receives a median total of $1,123 a week, roughly $58,396 a year.

Families are largely couple households. Couple families without children are the largest single group at 45.7%, and together with couple families with children (29.9%) they make up about three in four families, or 75.6% in total. One-parent families represent 22.8% of families, while other families account for 1.6%.

In Ballarat East, owner-occupied homes are the most common tenure at 58.8% combined, with 32.9% owned outright and 25.9% owned with a mortgage. Renters make up 41.3% of dwellings in Ballarat East.

Suburbs near Ballarat East

Some popular suburbs near Ballarat East include:

  • Bakery Hill: Compact, inner Ballarat suburb with heritage streets and local shops.
  • Bonshaw: Semi-rural area with larger lots and open paddocks.
  • Eureka: Suburb reflecting Ballarat's gold rush history, with historic sites and reserves.
  • Ballarat Central: Ballarat's central business and cultural precinct, with shops and services.
  • Black Hill: Hilly suburb with bush reserves and scenic lookout points.

How does Ballarat East compare to nearby suburbs?

  • Median house prices: Ballarat East’s median house price is 14.9% lower than Bonshaw’s.
  • House price growth: Over the past 12 months, house prices in Ballarat East have grown 2.5% higher than in Ballarat Central.
  • Unit price growth: Over the past 12 months, unit prices in Ballarat East have grown 16.9% higher than in Ballarat Central.
  • Selling speed for houses: Properties in Ballarat East are selling 32.1% faster than in Bonshaw.
  • Selling speed for units: Properties in Ballarat East are selling 5.0% faster than in Ballarat Central.

Choose the right real estate agents in Ballarat East

In Ballarat East ,74 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 17.8% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.13% and 3.25%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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