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Delacombe suburb profile

Delacombe is a growing suburb located southwest of Ballarat in Victoria, known for its family-friendly atmosphere and expanding amenities. The suburb offers a mix of residential developments, including modern housing estates and established homes, catering to a diverse community. Delacombe Town Centre serves as a key retail and social hub, providing residents with shopping, dining, and entertainment options. With several parks and recreational facilities, the suburb is ideal for families and outdoor enthusiasts. Its proximity to Ballarat's city centre and access to public transport make Delacombe a convenient and appealing choice for those seeking a balanced lifestyle.

Delacombe property market performance

Delacombe's property market has remained stable over the past 12 months, with no change in median house or unit values. The median house price stands at $545,000, while unit data is limited due to minimal sales activity. Over the past three months, 12 houses were sold, with properties spending a median of 96 days on the market, indicating a slower pace in buyer decision-making.

The rental market in Delacombe has also seen no significant changes, with average house rents holding steady at $420 per week. The unit rental market remains inactive, reflecting the limited availability of units in the area.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-2.9%N/A
Sold
Past 3 months
51
Median days on market
Past 12 months
97N/A
Average rent
Past 12 months
$420N/A
Change in rent
Past 12 months
-2.3%N/A

5 year median price trend for houses and units

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Delacombe demographics

Delacombe, located in the regional city of Ballarat, Victoria, offers a blend of suburban comfort and regional charm. With a population of 5,408, the suburb is characterized by a family-friendly atmosphere, as evidenced by the 35.7% of couple families with children. The median age of 39 suggests a mature community, with a mix of young families and established residents enjoying the area's amenities and lifestyle.

The housing landscape in Delacombe is diverse, with a significant portion of properties owned outright (34.9%) or with a mortgage (37.3%). This indicates a stable community with a strong sense of homeownership. Meanwhile, 27.8% of the properties are rented, providing options for those seeking flexibility or new to the area. The median total household income of $1,339 per week reflects the suburb's affordability compared to metropolitan areas, making it an attractive option for families and individuals seeking a balanced lifestyle.

Delacombe's community is further enriched by its proximity to Ballarat's amenities, including shopping centers, schools, and recreational facilities. The suburb's mix of couple families without children (38.8%) and one-parent families (23.6%) highlights its inclusive nature, catering to a variety of household types. With its combination of affordability, community spirit, and access to regional city conveniences, Delacombe is a desirable location for those looking to enjoy a relaxed yet connected lifestyle.

Delacombe infrastructure, key developments and investment opportunities

Delacombe is experiencing significant residential expansion as part of the Ballarat West Growth Area, with continued development of new housing estates on greenfield land likely to boost population and property demand over the coming years[1][3]. The recently developed Delacombe Town Centre enhances local retail and lifestyle amenities, supporting the suburb’s appeal for families and investors[1][10].

The construction of new wetlands and upgrades to stormwater infrastructure aim to improve resilience and create additional recreational and environmental value, making the area more attractive for residents[1]. Local schools, including Delacombe Primary and Lumen Christi Primary, remain central to the community, while council plans for a future activity centre signal ongoing improvements to convenience and livability[1]. Currently, there are no major changes to public transport or significant new commercial developments announced, but steady infrastructure investment continues to underpin confidence in the suburb’s growth prospects.

Delacombe rental market trends

The rental market in Delacombe has remained stable over the past year, with house rents holding steady at $420 per week. There has been no change in unit rents, indicating a consistent demand and supply balance in the area. Delacombe offers a steady rental environment, appealing to those seeking stability in their housing investments.

Suburbs near Delacombe

Some popular suburbs near Delacombe include:

How does Delacombe compare to nearby suburbs?

  • Median house prices: Delacombe’s median house price is 20.6% higher than Sebastopol’s.
  • House price growth: Property prices in nearby Sebastopol have risen 8.8% more than in Delacombe over the past year.
  • Selling speed for houses: Properties in Delacombe are selling 4.9% faster than in Sebastopol.
  • Selling speed for units: Properties in nearby Sebastopol are selling 53.4% faster than in Delacombe.

Common questions about Delacombe

  • Is Delacombe a nice place to live?

    Delacombe is a delightful suburb that offers a charming blend of suburban comfort and regional allure, making it a wonderful place to call home. Known for its welcoming and family-friendly atmosphere, Delacombe is perfect for those seeking a peaceful lifestyle with the convenience of nearby amenities. The suburb boasts a variety of modern housing estates and established homes, catering to a diverse community. Its proximity to Ballarat's city centre ensures that residents have easy access to a wide range of shopping, dining, and entertainment options, while the local Delacombe Town Centre serves as a vibrant hub for social and retail activities.

    Families will find Delacombe particularly appealing, thanks to its abundance of parks and recreational facilities that encourage outdoor activities and community engagement. The suburb's safety and strong sense of community make it an ideal environment for raising children. While Delacombe may not offer the bustling nightlife of a metropolitan area, it compensates with its serene environment and the promise of a balanced lifestyle. The ongoing residential expansion and infrastructure improvements, such as new wetlands and stormwater upgrades, further enhance the suburb's livability and attractiveness.

    One trade-off to consider is that while Delacombe offers a peaceful suburban lifestyle, those seeking a more urban experience might find the pace a bit slower. However, the suburb's affordability and the strong community spirit make it a desirable location for families and individuals alike. With good schools and a supportive community, Delacombe is a fantastic choice for those looking to enjoy a relaxed yet connected lifestyle in a growing and vibrant suburb.

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  • Is it expensive to live in Delacombe?

    Living in Delacombe is relatively affordable compared to many other suburbs in Victoria. The median house price is around $545,000, which is quite reasonable when compared to the higher prices seen in more central or coastal areas. If you're looking to rent, the average rent for houses is approximately $420 per week, which aligns well with the local income levels.

    The average wage in Delacombe is about $76,000 per year, which is comparable to the state average. With a median total household income of $1,339 per week, residents can find the cost of living in Delacombe to be manageable, especially when considering the housing prices and rental costs. While there are no units currently available, the housing market presents a good opportunity for those looking to buy or rent a house without the steep costs associated with more urban areas.

    Overall, Delacombe offers a balance of affordability and lifestyle, making it an attractive option for those seeking a more budget-friendly living environment without sacrificing the amenities and community feel of a suburban area.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Delacombe a good place to invest?

    Delacombe presents a unique opportunity for investors looking for stability in the real estate market. Over the past year, the suburb has experienced no change in median house and unit values, as well as rental prices. This indicates a level of consistency that can be appealing for those seeking a low-risk investment environment. The lack of volatility in property values suggests that Delacombe could be a reliable choice for investors who prioritize steady returns over rapid growth.

    While the suburb hasn't seen significant price increases recently, its stable market conditions can be attractive for long-term investors. Delacombe's appeal lies in its potential for gradual appreciation and consistent rental income. The suburb's family-friendly atmosphere and community amenities make it a desirable place to live, which can help maintain demand for rental properties. For investors, this means the possibility of a steady stream of tenants and a reliable income source.

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Choose the right real estate agents in Delacombe

Choosing the right real estate agent in Delacombe can have a big impact on your sale. While there are 70 real estate agents working in the suburb, but just 5 of them were responsible for 20.0% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.13% to 3.25%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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