Ballarat, Regional Victoria
Ballarat is one of Australia’s strongest regional cities. It thrives through a diverse economy, low unemployment, a growing population and proximity to Melbourne, making it a popular commuter city.
Ballarat is the centre of the historic goldfields region, attracting tourists throughout the year.
Mining has been supplanted by other economic drivers, including agriculture, manufacturing, tourism and is an emerging hub for information technology.
With the State and Federal Governments planning to spend billions on upgrading road and rail links to Ballarat, including improved connections to Melbourne airport, commuting will become even easier.
Ballarat suburbs have median house prices ranging from $275,000 to $465,000, emphasising the city’s appeal as an affordable lifestyle alternative to Melbourne - and one where the property market has become increasingly busy lately.
This report covers Ballarat, Alfredton, Ballarat Central, Ballarat East, Ballarat North, Black Hill, Buninyong, Delacombe, Redan, Sebastopol, Soldiers Hill and Wendouree.
Ballarat was Hotspot of the Week on 29 May 2018 and again on 20th November 2018