Overview
|Property ID: LA-11773
Description
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Ballarat is a vibrant regional city located about 115 km (approx. 75 minutes by road) west-northwest of Melbourne. With a population exceeding 117,000, it's one of Victoria's fastest-growing inland cities, seamlessly blending a rich gold‑rush heritage, leafy urban villages, and modern infrastructure.
At its heart lies the historic CBD, featuring pedestrian zones like Bridge Mall, heritage buildings, boutique shops, cafés, and eateries. Larger retail is anchored by Central Square Shopping Centre and Wendouree Village, complemented by thriving local markets, cultural venues, and community festivals.
Ballarat offers exceptional schooling at all levels. Public options include Ballarat High School (1,500+ students), Ballarat Secondary College, Ballarat Grammar, Loreto College, St Patrick’s College, Damascus College, and many others. Tertiary and vocational opportunities abound via Federation University, the Australian Catholic University (Aquinas Campus), and Federation TAFE .
A hub of regional mobility, Ballarat features two V/Line stations (Ballarat and Wendouree) offering semi‑frequent services to Melbourne, Ararat, and Maryborough. The Western Freeway connects directly to Melbourne, while city buses and an expanding cycling network, including trails like Yarrowee River and Ballarat–Skipton Rail Trail, support local travel
Additional Details
- Property Type: House and Land
- Property Stage:
- Price: $ 613,500.00
- Land Price: $ 239,500.00
- Build Price: $ 374,000.00
- Beds: 4
- Bath: 2
- Garage: 1
- Storey: 1
- Study: N/A
- Power Rooms: N/A
- MPR: N/A
- Powder Room: N/A
- Balcony: N/A
- Floor Plan: Porto 19
- Completion: N/A
- Land Size: 448
- Area Size: 176.14
- Year Built: N/A
- Est. Rates: N/A
- Est. Rent PW: 460.00
- Est. Body Corp.: N/A
- Title Status: August 2025
- Gross Per Week: $ 460.00
- Gross Per Annum: $ 23,920.00
- Gross Yield: 3.90%
- Capital Growth 12 Months: -4.10%
- Capital Growth 10 Year Annualised: 6.39%
- Vacancy Rate: 1.01%
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