Ballan, VIC 3342

Ballan, VIC 3342

Compare Part of Moorabool

69.09 km
Distance from CBD
3 k
Population
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$274,000
0.0% $140,000 $575,000 38
2010
$295,000
+7.1% $75,000 $650,000 91
2011
$320,000
+7.8% $75,000 $595,000 52
2012
$375,000
+14.7% $110,001 $854,000 50
2013
$380,000
+1.3% $113,500 $660,000 53
2014
$330,000
-15.2% $200,000 $770,000 62
2015
$430,000
+23.3% $230,000 $990,000 46
2016
$398,000
-8.0% $237,000 $700,000 57
2017
$440,000
+9.5% $249,000 $810,000 88
2018
$475,000
+7.4% $319,000 $1,100,000 68
2019
$485,000
+2.1% $325,000 $1,105,000 60
2020
$520,000
+6.7% $270,000 $1,200,000 59
2021
$655,000
+20.6% $399,000 $2,875,000 58
2022
$680,000
+3.7% $415,000 $1,650,000 39
2023
$615,000
-10.6% $407,500 $1,345,000 44
2024
$680,000
+9.6% $455,000 $1,082,000 10
Median Sale Price
$610K
Based on 43 recorded sales within the last 12 months
Updated on 28 Mar 2024
Suburb Growth
-11.5%
Current Median Price: $610,000
Previous Median Price: $680,000
Based on 83 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$300
0.0% $210 $360 18
2012
$260
-15.4% $210 $375 27
2013
$300
+13.3% $220 $380 29
2014
$280
-7.1% $220 $375 15
2015
$300
+6.7% $220 $450 44
2016
$335
+10.4% $220 $640 47
2017
$350
+4.3% $230 $770 43
2018
$350
0.0% $250 $500 40
2019
$370
+5.4% $230 $480 48
2020
$360
-2.8% $270 $650 31
2021
$390
+7.7% $300 $550 29
2022
$400
+2.5% $320 $460 30
2023
$450
+11.1% $350 $950 21
2024
$480
+6.3% $370 $650 7
Median Rent Price
$450
per week
Based on 21 recorded rent within the last 12 months
Updated on 28 Mar 2024
Rent Price Growth
+11.1%
Current Median Rent: $450
Previous Median Rent: $400
Based on 50 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $610,000
Current Median rent: $450
Based on 64 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2024)

Auction Results For Ballan

Houses sold in Last 12 months ends 23 Mar 2024

$585K

Median Sale Price

100%

Clearance Rate

2/2

Sold/Reported

$585K

Highest Sale Price

Sold Price Range No. of Sold Properties
$400 K - $600 K
(Median Price Range)
2

Schools closest to Ballan, VIC 3342

School name Address Type Sector Distance
St Brigid's School 98 INGLIS STBallan 3342 Primary Catholic 0.3 km
Ballan Primary School 8-14 DUNCAN STREETBallan 3342 Primary Government 0.54 km