Top 5 for Ballarat residential real estate sales during 2013-2014 financial year

With the vast majority of homes sold in the last financial year now settled, it is possible to calculate some of the key numbers in the Ballarat market.

Over the year a total of $639 million was spent on houses in the City of Ballarat and $68 million on units across 1,942 house sales and 281 unit sales. There were 12 million dollar house sales – the median value of a house was $301,001. The median house value rose by 7.1% compared to 7.9% in Melbourne

Largest growth in median house values by suburb:

• Golden Point
• Soldiers Hill
• Black Hill
• Redan
• Mount Pleasant

Most house sales by suburb

• Wendouree
• Sebastopol
• Alfredton
• Ballarat East
• Delacombe

Most expensive suburbs by median house values

•  Lake Wendouree
• Lake Gardens
• Invermay Park
• Mount Helen
• Buninyong

Most affordable suburbs by median house values

• Sebastopol
• Wendouree
• Redan Mount Pleasant
• Ballarat East

Highest spend on houses

• Alfredton ($64 million)
• Wendouree ($48 million)
• Sebastopol ($42 million)
• Ballarat Central ($41 million)
• Lake Wendouree ($40 million)

Suburbs with million dollar house sales

• Lake Wendouree
• Ballarat Central
• Newington

Suburbs with the highest proportion of houses advertised for sale:

• Ballarat Central
• Miners Rest
• Alfredton
• Mount Clear
• Newington