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Mount Clear suburb profile

Mount Clear is a picturesque suburb located in the southern part of Ballarat, Victoria, known for its natural beauty and community-focused lifestyle. Surrounded by lush greenery and rolling hills, it offers a peaceful retreat while still being conveniently close to Ballarat's city centre. The suburb is home to a mix of residential properties, including family homes and modern developments, catering to a diverse population. With access to quality schools, parks, and recreational facilities, Mount Clear is ideal for families and nature enthusiasts. Its blend of tranquility and accessibility makes it a desirable location for those seeking a balanced lifestyle.

Mount Clear property market performance

Current median dwelling price$437,500Past 3 months

Mount Clear's property market has experienced significant growth over the past 12 months, with house values increasing by 18.1%. The current median house price stands at $592,500. However, the unit market remains stagnant, with no change in median unit value and limited sales activity, as only one unit was sold in the past year.

The housing market has been active, with 25 houses sold over the last 12 months and a median of 27 days on the market, indicating strong demand. In contrast, the unit market shows minimal activity, with no recent sales data available.

Rental prices in Mount Clear have seen modest increases, with house rents rising by 2.9% and unit rents by 3.1% over the past year. The average rent for houses is $430, while units average $330, reflecting a stable rental market.

HousesUnits
Median price
Past 3 months
$600KN/A
Change in value
Past 12 months
17.5%N/A
Sold
Past 3 months
253
Median days on market
Past 12 months
26N/A
Average rent
Past 12 months
$440$330
Change in rent
Past 12 months
4.8%3.1%

5 year median price trend for houses and units

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Mount Clear demographics

Mount Clear, located in the regional city of Ballarat, Victoria, offers a blend of suburban tranquility and proximity to urban amenities. With a population of 3,671, this suburb is characterized by a family-friendly environment, as evidenced by the 42.6% of couple families with children. The median age of 37 suggests a mature community, with a mix of young families and established residents enjoying the area's peaceful lifestyle.

The suburb's housing landscape is diverse, with a significant portion of properties owned outright (32%) and owned with a mortgage (36.3%). This indicates a stable community with a strong sense of homeownership. Additionally, 31.7% of the properties are rented, providing options for those seeking flexibility or temporary residence in the area. The median total household income of $1,462 per week reflects a comfortable standard of living, aligning with the suburb's appeal to both families and professionals.

Mount Clear's community is further enriched by its educational facilities, including primary and secondary schools, which cater to the suburb's family-oriented demographic. The presence of nearby parks and recreational areas enhances the quality of life, offering residents ample opportunities for outdoor activities and relaxation. Overall, Mount Clear presents a balanced lifestyle with its combination of suburban charm, community spirit, and access to the broader offerings of Ballarat.

Suburbs near Mount Clear

Some popular suburbs near Mount Clear include:

  • Mount Helen: Known for its natural bushland and proximity to Federation University, Mount Helen is located directly south of Mount Clear.
  • Mount Pleasant: Featuring a mix of historic and modern homes, Mount Pleasant is situated to the northwest of Mount Clear.
  • Canadian: Known for its scenic landscapes and family-friendly environment, Canadian lies to the northeast of Mount Clear.
  • Golden Point: Famous for its gold rush history and close proximity to Ballarat's city center, Golden Point is located to the north of Mount Clear.
  • Sebastopol: Offering a blend of residential and commercial areas with a rich history, Sebastopol is situated to the west of Mount Clear.

How does Mount Clear compare to nearby suburbs?

  • Median house prices: Mount Clear’s median house price is 2.5% higher than Mount Pleasant’s.
  • Median unit prices: Mount Clear’s median unit price is 53.2% higher than Sebastopol’s.
  • House price growth: Over the past 12 months, house prices in Mount Clear have grown 3.1% higher than in Mount Pleasant.
  • Selling speed for houses: Properties in Mount Clear are selling 72.6% faster than in Mount Helen.

Choose the right real estate agents in Mount Clear

There are 56 real estate agents in Mount Clear, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 24.3% of all sales in the past year.

Commission rates in Mount Clear typically range from 2.13% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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