Data confirms Ballarat one of Victoria’s top growth areas

There has never been a better time to purchase at Florian. The latest data from the REIV shows that the growth of median house prices in Ballarat are second only to Geelong in the state of Victoria.

House prices in Soldiers Hill increased by more than $80,000 in 2017 to $425,000. REIV CEO, Gil King, said that there was also evidence of capital growth of around 20% in Ballarat Central and Black Hill, lifting their median house prices to $414,000 and $370,000 respectively.

The previous year, the median house price for a four-bedroom home in Ballarat Central grew by 29.3%. And data from the past four years indicates that this trend in growth will continue.

Many people are viewing Ballarat as an attractive destination for affordable housing as millions of dollars are being invested into infrastructure, amenities and the commuter connection to Melbourne.  

Now is a great time to enter the Ballarat property market by purchasing a lot at Florian. Stage 2 is on sale now with 500m2+ lots selling from $135,000. Enquire now before someone else snaps up this amazing opportunity.

Source: realestatebusiness.com.au