Atlaso rates Mount Pleasant units as HOLD. Average growth outlook. Vacancy is extremely tight at 0.69%, well below the 2.5% equilibrium, but conviction is not high enough for a BUY rating. Better units options may be available in Ballarat.
At $468K, Mount Pleasant ranks #11 of 15 units in Ballarat. The long-term structural outlook is Average. Prices grew 33.3% over the past year, showing strong momentum.
Mount Pleasant Price History
All units · monthly median sale price
Market Intelligence
What's Happening Now
Shifting to SellersMarket tightening. Act sooner rather than later.
+3.0%
Asking Prices (3mo)
+5.9%
Rents (12mo)
0.6%
Vacancy ↓
30%
Fresh Stock (<30d)
Unit Asking Prices (12 months)
$471K
Unit Weekly Rents (12 months)
$379/wk
Vacancy Rate (24 months)
--- 1.5% tight--- 3.0% loose
Listing Age (12 months)
Fresh (<30d)30-60d60-90d90-180d180d+
Data for postcode 3350.
Momentum Health
Elevated risk
63% stall probability
Mount Pleasant has been running at 33.3% growth but multiple stall indicators are present. Vacancy may be loosening, yield is compressing, or the suburb has caught up to city pricing. Consider taking partial profits.
STALL RISK63%
Suburb Profile
Mount Pleasant at a Glance
SEIFA Index
6/10
Above average
Household Income
$1,503/wk
Median household
Median Age
39
Years
Mortgage Stress
23%
of income
Population Growth
+3.0%
vs state +2.2%
Ownership Mix
27.6%owned33.6%mortgage35.9%renting
Demographic Trends
Mount Pleasant Over Time
Median Household Income (Census)
Population Growth Rate (Census)
Dwelling Composition (Census)
Rental Yield History
Census data: ABS. Yield series: weekly market data.
Full Mount Pleasant Analysis
Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.
3-Year Structural OutlookStrong
Conviction LevelHigh
Fair Value GapX.X% undervalued
3-Bed House Price$X,XXX,XXX
Gross YieldX.X%
Weekly Rent$XXX
SEIFA DecileX/10
Building ApprovalsXX dwellings
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Atlaso rates Mount Pleasant as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Mount Pleasant and 46 Australian cities to generate this rating.
What is the median house price in Mount Pleasant?
The current median house price in Mount Pleasant, vic is $468K, with annual growth of +2.9%. Properties sell in approximately 18 days.
How fast do properties sell in Mount Pleasant?
Properties in Mount Pleasant sell in 18 days on average. The market is currently rated Average. This is faster than the national average, indicating strong buyer demand.
What is the growth outlook for Mount Pleasant?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Mount Pleasant's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Mount Pleasant?
The gross rental yield for houses in Mount Pleasant is 4.5%. This is above the national average, making it attractive for yield-focused investors.
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).