Question 1

Is Cardigan Village a nice place to live?

Accepted Answer

Cardigan Village sits on the edge of Ballarat and reads more like a quiet country village than a typical suburb. Streets are mainly detached family homes on generous blocks with some rural-residential properties, paddocks and stands of native trees shaping the outlook. It is a small community of 957 people with a median age of 32, weighted towards couple families with children, and overwhelmingly owner-occupied (94.9% of homes). The median household income is $2,200 a week.

Residents rely on Ballarat for major shops, schools and health services while enjoying local reserves and open space for outdoor activity. A recreation reserve has recently been upgraded with a new playground, there is a council community centre, and a township master plan is guiding future works alongside a progressing flood mitigation project. Whether Cardigan Village suits you will depend on how much you value a relaxed, semi-rural lifestyle within easy reach of city services.

Question 2

Is it expensive to live in Cardigan Village?

Accepted Answer

Cardigan Village hasn't had enough recent sales or rentals to put reliable figures on what homes cost to buy or rent. Without those figures, there isn't a clear picture of how expensive it is to live here compared with local incomes as recorded at the most recent Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Cardigan Village a good place to invest?

Accepted Answer

There haven't been enough recent sales in Cardigan Village to publish reliable figures on how house and unit prices and rents have changed over the past year. Without that information, there isn't a clear picture of how the suburb has performed as an investment lately.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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