Is Ballarat a good place to invest in property?

The current market regime is AMBER, which signals caution for new purchases. Ballarat has 42 scored suburbs with a median price of $570K.

Ballarat

AMBER Market

42 suburbs scored VIC Median $570K

High Confidence

Moderate

Low Confidence

Total Suburbs

Top 10 Suburbs in Ballarat

#	Suburb	Type	Tier	Price	Yield	Heat
1	Beaufort	house	STRONG BUY	$365K	5.1%	99
2	Horsham	unit	HOLD	$385K	4.8%	65
3	Brown Hill	house	BUY	$540K	3.9%	97
4	Ballarat East	unit	HOLD	$382K	4.4%	63
5	Mount Pleasant	house	STRONG BUY	$586K	4.0%	96
6	Mount Clear	unit	HOLD	$437K	4.5%	60
7	Smythes Creek	house	STRONG BUY	$604K	3.3%	92
8	Canadian	unit	HOLD	$430K	4.5%	49
9	Stawell	house	STRONG BUY	$457K	6.7%	82
10	Lake Wendouree	unit	HOLD	$554K	4.9%	36

Most Undervalued Suburbs

Suburbs trading below our fair value estimate based on demographics, income, and rental yield.

All Ballarat Suburbs

#	Suburb	Type	Tier	Price	Yield	Fair Value
1	Beaufort	house	STRONG BUY	$365K	5.1%	+33.4%
1	Horsham	unit	HOLD	$385K	4.8%	+11.3%
2	Brown Hill	house	BUY	$540K	3.9%	+31.5%
2	Ballarat East	unit	HOLD	$382K	4.4%	+9.2%
3	Mount Pleasant	house	STRONG BUY	$586K	4.0%	+27.0%
3	Mount Clear	unit	HOLD	$437K	4.5%	+8.8%
4	Smythes Creek	house	STRONG BUY	$604K	3.3%	+22.6%
4	Canadian	unit	HOLD	$430K	4.5%	+7.0%
5	Stawell	house	STRONG BUY	$457K	6.7%	+21.9%
5	Lake Wendouree	unit	HOLD	$554K	4.9%	+5.7%
6	Ballarat East	house	BUY	$570K	4.0%	+18.2%
6	Ararat	unit	HOLD	$444K	4.5%	+2.8%
7	Daylesford	house	HOLD	$1.32M	3.5%	+15.0%
8	Bonshaw	house	BUY	$590K	4.0%	+14.8%
9	Buninyong	house	BUY	$730K	3.3%	+13.4%
10	Wendouree	house	BUY	$560K	4.1%	+13.0%
11	Horsham	house	BUY	$654K	5.3%	+12.8%
11	Delacombe	unit	HOLD	$430K	4.6%	+32.5%
11	Mount Pleasant	unit	HOLD	$468K	4.5%	+2.9%
11	Wendouree	unit	HOLD	$318K	4.8%	+3.2%
11	Brown Hill	unit	HOLD	$440K	4.6%	+7.3%
11	Ballarat North	unit	HOLD	$428K	4.5%	+6.3%
11	Redan	unit	HOLD	$359K	5.5%	+16.4%
11	Alfredton	unit	HOLD	$370K	5.0%	+9.1%
11	Sebastopol	unit	HOLD	$379K	5.0%	+10.7%
11	Ballarat Central	unit	HOLD	$450K	4.9%	+7.6%
12	Ballarat North	house	BUY	$628K	4.0%	+12.0%
13	Miners Rest	house	BUY	$720K	3.8%	+11.7%
14	Creswick	house	BUY	$606K	4.2%	+10.5%
15	Sebastopol	house	BUY	$500K	4.4%	+9.2%
16	Clunes	house	HOLD	$596K	4.4%	+8.7%
17	Winter Valley	house	HOLD	$592K	3.9%	+7.7%
18	Alfredton	house	HOLD	$663K	3.8%	+7.2%
19	Ararat	house	HOLD	$498K	4.8%	+7.2%
20	Canadian	house	HOLD	$690K	4.0%	+7.1%
21	Mount Helen	house	HOLD	$688K	3.6%	+6.5%
22	Ballarat Central	house	HOLD	$748K	3.5%	+6.1%
23	Mount Clear	house	HOLD	$680K	3.7%	+5.0%
24	Lucas	house	HOLD	$668K	3.8%	+4.3%
25	Lake Wendouree	house	HOLD	$1.31M	2.9%	+3.0%
26	Redan	house	HOLD	$525K	4.0%	+4.1%
26	Delacombe	house	HOLD	$598K	4.0%	+5.9%

Frequently Asked Questions

What are the best suburbs to buy in Ballarat?

Atlaso rates 4 suburbs in Ballarat as HIGH confidence for capital growth. Our top-ranked picks include Beaufort, Horsham, Brown Hill. These ratings are based on a 9-feature quantitative model with an out-of-sample AUC of 0.78-0.80.

Is now a good time to buy property in Ballarat?

The current market regime is AMBER. RED conditions signal elevated risk. Our model recommends caution during RED periods.

Find the best suburb for your budget

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).