Ballarat Market Heats Up: Buyers Back and Competition Rising Under $600K

Over the past few weeks, the Ballarat property market has shown strong signs of momentum, and it’s particularly noticeable in the sub-$600,000 price bracket.

After a slower start to the year, we’re now seeing a significant increase in buyer activity, with more competition across affordable family homes and investment-grade properties. Open homes are busier, multiple offer scenarios are becoming more common again, and properties priced well are often moving quickly.

Importantly, investors are back. Many are recognising the value Ballarat continues to offer – especially in comparison to metro markets—and are jumping in to secure solid, low-maintenance properties with strong rental appeal. This return has injected even more energy into the lower price brackets, adding pressure and boosting confidence across the board.

With increased demand and stock levels still playing catch-up, we’re optimistic about further price growth across Ballarat in the second half of 2025, especially if current interest rate expectations hold.

It’s shaping up to be a strong winter selling season, particularly for sellers with homes under the $600K mark or properties that appeal to investors and first-home buyers.

If you’re curious about what your home might be worth in the current market, now is a great time to find out. Reach out to us for an obligation-free appraisal – we’d love to help you take advantage of this growing momentum.