Median price trend for houses
Based on 155 sales in the preceding 12 months
$650,000
Up 9.8% over 12 months
- 2 bed
- $505k
- 3 bed
- $645k
- 4 bed
- $965k
- 5+ bed
- $1.11m
The quick read on
VIC 3350 · Ballarat
What homes cost, how rents have moved, and a feel for the people who call it home.
latest suburb median
latest suburb median
ABS 2021
Ballarat Central, Victoria
Median sale price and rental income of properties in Ballarat Central VIC
Based on 155 sales in the preceding 12 months
$650,000
Up 9.8% over 12 months
Based on 154 rental listings in the preceding 12 months
$425 per week
No change over 12 months
Market data updated September 2026.
The median house price in Ballarat Central, VIC is currently $650,000, based on the latest 12 months of sales. Ballarat Central has a 12-month growth rate of 9.8% for houses and 5.5% for units.
Two-bedroom houses have a median sale price of $505,000, Three-bedroom houses have a median sale price of $645,000, Four-bedroom houses have a median sale price of $965,000, Larger houses have a median sale price of $1,110,000 in Ballarat Central.
If you're looking to lease, the median rent for houses in Ballarat Central is $425 per week. The median house rent has remained unchanged over the last 12 months.
The median price of apartments and units for sale in Ballarat Central is $438,000, which has increased 5.5% since the same time last year. One-bedroom apartments and units have a median sale price of $295,000, Two-bedroom apartments and units have a median sale price of $431,000, Three-bedroom apartments and units have a median sale price of $615,000 in Ballarat Central. The median rent for units and apartments in Ballarat Central is $350 per week and has decreased 6.7% over the last 12 months.
Crime and safety
The overall rate for Ballarat Central is 16,819 offences per 100,000 residents — 313% above the Rest of Vic. benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Ballarat Central.
Overall crime rate
16,819
offences per 100,000 residents
313% aboveRest of Vic.
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Ballarat Central VIC 3350 is in Victoria, within Rest of Vic..
5,378 people call Ballarat Central home, with an average of 2.1 people per household and a median household income of $1,454 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
Share of residents in each age band.
Share of occupied private dwellings.
Share of homes with a stated ownership or rental status.
Vehicles available to occupied households.
Selected ways residents worked or travelled on Census day.
20.7% of workers in Ballarat Central worked from home on Census day — noticeably more common than across Rest of Vic..
2.4% of Ballarat Central residents were born in England.
48.8% of people in Ballarat Central described themselves as having no religion in the 2021 Census.
A closer look at the Census
Open any question for a plain-English reading of the public 2021 Census for Ballarat Central VIC 3350.
14.3% of Ballarat Central's residents were children under 15 in the 2021 Census. That is somewhat below the Rest of Vic. average.
1,268 family households lived in Ballarat Central; 36.4% were couple families and 17.3% were one-parent families.
34.4% of local families included children under 15. That is almost exactly typical for Rest of Vic..
These are suburb-wide household figures, not school or childcare ratings.
Ballarat Central had 5,378 residents at the 2021 Census.
28.1% of residents were aged 25 to 44.
32.1% were 55 or older. That is somewhat below the Rest of Vic. average.
Age shares use the suburb’s total Census population.
Separate houses made up 74.1% of occupied private dwellings in Ballarat Central.
Townhouses and other attached homes represented 12.9% of occupied private dwellings.
Flats and apartments accounted for 11.6% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
33.1% of households with a stated tenure owned their home outright. That is well below the Rest of Vic. average.
25.9% were buying their home with a mortgage.
41.0% rented their home. That is well above the Rest of Vic. average.
Tenure shares include households that stated one of these three arrangements.
The average household in Ballarat Central had 2.1 people.
One-person households made up 40.0% of occupied homes. That is well above the Rest of Vic. average.
Two-person households represented 32.4%, while 14.7% had four or more usual residents.
Household size counts usual residents in occupied homes.
20.7% of workers worked from home on Census day. That is somewhat above the Rest of Vic. average.
46.0% drove a car as their only travel method. That is well below the Rest of Vic. average.
1.4% used only a train, tram or bus, while 13.7% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
9.3% of occupied households had no motor vehicle available. That is about twice the Rest of Vic. rate.
One-car households formed 47.9% of the total.
43.0% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
51.3% were at the same address five years earlier, while 48.7% reported a different address.
13.0% of residents were born outside Australia. That is close to the Rest of Vic. average.
Mobility figures cover residents who answered the relevant Census question.
86.4% of residents used only English at home.
7.9% used a language other than English at home.
0.8% spoke Mandarin at home, 0.2% spoke Cantonese and 0.2% spoke Hindi.
Home language is separate from English proficiency.
13.0% of Ballarat Central's population was born outside Australia, while roughly 87.0% was born in Australia.
0.5% of residents were born in China.
1.8% were born in India, while Australian citizenship across the whole suburb stood at 88.2%.
Birthplace, citizenship and ancestry describe different parts of identity.
English ancestry accounted for 41.4% of ancestry responses in Ballarat Central.
Australian ancestry made up 35.0% of responses.
Chinese ancestry represented 1.5% of responses.
People may nominate more than one ancestry, so these are shares of responses.
33.8% of employed residents worked in professional occupations. That is about twice the Rest of Vic. rate.
Managers accounted for 13.3% of employed residents, while clerical and administrative workers made up 10.6%.
Health care and social assistance employed 23.9% of workers, and education and training employed 13.1%.
Occupation and industry figures describe employed residents of the suburb.
The labour-force participation rate was 61.9%, compared with 57.4% across Rest of Vic..
33.2% of residents aged 15 and over worked full time, while 22.2% worked part time.
Unemployment was 4.9%, compared with 4.1% across Rest of Vic..
Labour-force figures come from the 2021 Census.
53.4% reported no selected long-term health condition.
13.8% reported a long-term mental health condition, including depression or anxiety.
9.9% reported asthma, 9.2% arthritis and 4.2% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
30.4% of people in the qualifications table held a bachelor degree. That is well above the Rest of Vic. average.
Postgraduate degrees accounted for 13.7% of qualification responses.
Diploma-level qualifications represented 14.1%, while certificate-level qualifications represented 21.7%.
Qualification categories are reported separately and are not school ratings.
Median household income was $1,454 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $1,600.
Occupied renting households reported a median rent of $300 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
Working from home was 20.7% in Ballarat Central, compared with 15.1% across Rest of Vic..
Outright ownership was 33.1% locally and 40.9% across Rest of Vic.. That is well below the Rest of Vic. average.
Renting accounted for 41.0% in Ballarat Central, against 24.5% across Rest of Vic..
Capital-region comparisons use the same Census definitions and year.
Three useful questions
The median house price is $650,000, while units and apartments sit at $438,000. Bedroom count, land and condition still create a wide range around those suburb medians.
The Census counted 1,268 local families, and 14.3% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
Larger houses have a median around $1,110,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Open a free street report for local prices, rents and recorded sale history.
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.

Aerial view