Ballarat · 3350
Ballarat Central, VIC
population +7.8% (5y), 6.2%/yr capital growth.
NextSuburb scoreTier C
45Average
Median house
$697k
5y growth
6.2%/yr
Gross yield
2.2%
Vacancy
2.4%
Growth-led, low cashflowMedium confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)6.2%/yr62/100
- Population growth+7.8% (5y)78/100
- Supply tightening+5.0% YoY25/100
- Rental yield2.2%45/100
- Rental demand2.4% vacancy40/100
- Income growth+13.0% (5y)52/100
- Construction pipelineno nearby pipeline0/100
- Affordability54% under cap54/100
Why this score
Ballarat Central scores 45/100 (Average). The two strongest signals: 7.8% population growth over five years and 6.2%/yr capital growth over five years. The standout watch-out: gross yield of 2.2% leaves modest cashflow.
Drivers
- Population growth+7.8% (5y)
- Capital growth6.2%/yr
Risks
- Thin gross yield (2.2%)
- No major construction project in this state
Nearest infrastructure
Melbourne Airport Rail — Sunshine Hub89.9 km away
Approved · $13.0bn · completion 2033
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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