Property Prices in Ballarat, Australia

Index Info
Price to Income Ratio: 6.22
Mortgage as Percentage of Income: 52.09%
Loan Affordability Index: 1.92
Price to Rent Ratio - City Centre: 26.32
Price to Rent Ratio - Outside of Centre: 21.63
Gross Rental Yield (City Centre): 3.80%
Gross Rental Yield (Outside of Centre): 4.62%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,310.00 A$ 1,200.00-1,530.00
1 Bedroom Apartment Outside of City Centre 966.67 A$ 800.00-1,100.00
3 Bedroom Apartment in City Centre 1,830.00 A$
3 Bedroom Apartment Outside of City Centre 2,100.00 A$
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 628.39 A$
Price per Square Feet to Buy Apartment Outside of Centre 463.21 A$
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,722.22 A$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.67 3.40-6.50

These data are based on 19 entries from 6 contributors over the past 18 months.
Last update: 4 December 2025

Sources and References
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