Real Estate Alfredton Vic 3350

Real Estate Market: Is Alfredton VIC 3350 a Good Suburb to Buy Into?

Housing Market in Alfredton

Key Alfredton Metrics & Forecast to 2028

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Ballarat	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$454	Bottom 10%	145% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Alfredton

Alfredton Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Alfredton

31.3%

Ballarat

34.8%

Compare
Suburbs

Field	Value	VS Ballarat	Trend
Development applications	0	Bottom 38%	to 0 to Jun 2025
Developments	0.0	Bottom 10%	Data for Jul 2023
Housing Stock Quality Indicator	39.1	Top 17%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	3 lots	Bottom 35%	66% to Aug 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	36	Top 3%	227% to Feb 2025

Housing Stock Quality in Alfredton

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Ballarat	Trend
Houses	90.5%	Bottom 21%	1% to Jan 2021
Average bedrooms - all homes	2.8	Top 23%	Data for Jan 2021
NBN connection: fibreoptic cable to node	56.3%	Top 6%	Data for Jun 2023

Development Restrictions in Alfredton

Alfredton Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Alfredton

31.8%

Ballarat

29.0%

Compare
Suburbs

Field	Value	VS Ballarat	Trend
Total area	84.0 sq km	Top 14%	Data for Jan 2021
Heritage overlay total area	0.2 sq km	Top 26%	Data for Jun 2023
Residential density	5380 sqm per resident	Top 24%	Data for Jan 2021

Risk in Alfredton

Alfredton Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Alfredton

43.0

Ballarat

40.0

Compare
Suburbs

Field	Value	VS Ballarat	Trend
% Owner Occupied	69.6%	Bottom 6%	5% to May 2023
% Rentals	30.4%	Top 6%	16% to May 2023
Housing Affordability Index	31	Bottom 45%	Data for Jun 2023
Median monthly mortgage	$2,080	Top 41%	42% to May 2023
Rent Affordability Index (Houses)	83	Top 20%	Data for Jun 2023
Rent Affordability Index (Units)	82	Top 15%	Data for Jun 2023
Mortgage as a percent of income	19.6%	Bottom 36%	16% to Jan 2021
Mortgaged Dwellings	43.4%	Top 36%	14% to May 2023

Housing Demand in Alfredton

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Alfredton

69.5%

Ballarat

54.4%

Compare
Suburbs

Field	Value	VS Ballarat	Trend
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	26100	Top 7%	55% to Dec 2036
Historical Population (SA3)	121000	Top 19%	43% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	127000	Top 13%	54% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Alfredton

Alfredton Unit Investor Report

Sample Graphic

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Ballarat	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$380	Bottom 17%	155% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	57.1%	Bottom 18%	18% to Mar 2025

Median House Rental Prices by Street (85)

Level_0	Street	Date	Median rent (per week)
103768	Gillies St	13 Mar 2025	$420
103782	Goldwood Dr	13 Mar 2025	$557
103724	Echo Pl	13 Mar 2025	$425
103718	Dyson Dr	13 Mar 2025	$440
103713	Dromana St	13 Mar 2025	$497

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Tipperary St	10 May 2024	$622,500
Mary Dr	10 May 2024	$685,000
Vale St	10 May 2024	$545,000
Verdale Dr	10 May 2024	$606,500
Vetrano Ave	10 May 2024	$515,000

Accommodation Options (5)

Realtors (1)

Headline	Place	Datetime
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Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
197.9%	Karol St	very high turnover	Every 5.1 years (very high turnover)	2025
53.2%	Arrandale Ave	quite tightly held	Every 18.8 years (quite tightly held)	2025
132.7%	Canopy Ave	very high turnover	Every 7.5 years (very high turnover)	2025
177.3%	Sydney Way	very high turnover	Every 5.6 years (very high turnover)	2025
80.0%	Merino Dr	average turnover	Every 12.5 years (average turnover)	2025

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
10 May 2024	$187,000	Longley St
10 May 2024	$215,000	Ningana St
10 May 2024	$1,562,000	Michaels Dr
10 May 2024	$463,300	Lemon St
10 May 2024	$273,000	Leopold St

Businesses (95)

Name	Address
Dracon Construction- Local Ballarat Builders	1751 Sturt St, Alfredton VIC 3350, Australia
MKM Constructions	16B Endeavour Way, Alfredton VIC 3350, Australia
LTR Constructions	30 Production Dr, Alfredton VIC 3350, Australia
Promax Compliance	16 Endeavour Way, Alfredton VIC 3350, Australia
Provic Building Approvals	3 Regent Ct, Alfredton VIC 3350, Australia

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
23 Monaghan Terrace	Price Withheld	4.0	2.0	2.0	11 Mar 2025	On Market
8 Tipperary St	$775,000	4.0	3.0		06 Mar 2025	On Market
8 Tipperary St	$775,000	4.0	3.0	2.0	06 Mar 2025	On Market
35 Merino Dr	$670,000	4.0	2.0	2.0	05 Mar 2025	On Market
33 Signature Dr	$1,110,000	5.0	3.0	2.0	28 Feb 2025	On Market

Planning Applications: Other (26)

Headline	Place	Date
Change of use for medical centre (dental clinic), dispensation of car parking and erection of business identification signage - Ballarat City Council PLP/2010/743/B	31 Cuthberts Road, Alfredton VIC 3350	14 Oct 2024
Use of the land as a medical centre and restricted recreation facility. Reduction in car parking requirements. - Ballarat City Council PLP/2024/241	7 Basil Way, Alfredton VIC 3350	23 Aug 2024
Use of the land for a take away food premises (food truck) - Ballarat City Council PLP/2024/97	1845 Sturt Street, Alfredton VIC 3350	24 Jun 2024
Use of land for Leasure and Recreation (indoor recreation facility) - Ballarat City Council PLP/2024/119	15 Endeavour Way, Alfredton VIC 3350	13 May 2024
Use of the land for a Health clinic, building and works for a health clinic, and display of signage. - Ballarat City Council PLP/2023/650	30 Cuthberts Road, Alfredton VIC 3350	08 Apr 2024

Planning Applications: Dwellings (9)

Headline	Place	Date
The development of a second dwelling, and subdivision of the land into two lots - Ballarat City Council PLP/2024/178	36 Cuthberts Road, Alfredton VIC 3350	18 Sep 2024
Development of four dwellings, four lot subdivision, alteration of access to a road in a Transport Zone 2 and subdivision of land adjacent to a road in a Transport Zone 2. - Ballarat City Council PLP/2024/56	51 Gillies Street South, Alfredton VIC 3350	30 May 2024
Development of a second dwelling on a lot and two Lot subdivision - Ballarat City Council PLP/2024/21	7 Indi Street, Alfredton VIC 3350	26 Feb 2024
Use and Construction of an Office Building and Associated Works - Ballarat City Council PLP/2023/411	35 Production Drive, Alfredton VIC 3350	20 Nov 2023
Construction of a second dwelling and two lot subdivision - Ballarat City Council PLP/2023/376	110 Cuthberts Road, Alfredton VIC 3350	14 Nov 2023

Planning Applications: Industrial (2)

Headline	Place	Date
3 Lot Subdivision of approved Factories which are under construction (see planning permit PLP/2020/7255) - Streamlined Planning through Electronic Applications and Referrals S213780B	15 Endeavour Way, Alfredton VIC 3350	16 Jun 2023
Use and development for an office and warehouse and reduction in carparking requirements - Ballarat City Council PLP/2022/820	37-39 Production Drive, Alfredton VIC 3350	23 May 2023

LGA Details (1)

Headline	Place	Datetime
Local government area	Ballarat

Percent of Renters by Street (100)

Percent of Renters	Street
34.6%	Adrianus St
79.8%	Balanada Cl
21.3%	Ballarat-Carngham Rd
65.5%	Albany Cl
34.9%	Alfredton Dr

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 1, 9 Almurta St	$260	2.0	1.0	1.0	04 Feb 2025
Unit 1, 9 Almurta St	$260	2.0	1.0	1.0	04 Feb 2025
Unit 1, 9 Almurta St	$260	2.0	1.0	1.0	04 Feb 2025
Unit 1, 9 Almurta St	$260	2.0	1.0	1.0	04 Feb 2025
Unit 1, 21-23 Longley St	$380	2.0	1.0	1.0	31 Jan 2025

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
23 Lugano Ave	$460	4	2	2	06 Mar 2025
13 Oberon St	$425	3	2	2	06 Mar 2025
23 Lugano Ave	$460	4	2	2	06 Mar 2025
13 Oberon St	$425	3	2	2	06 Mar 2025
21 Tipperary St	$580	4	2	2	05 Mar 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
17 Echo Pl	$420,000	2.0	2.0	1.0	19 Feb 2025	On Market
17 Echo Pl	$420,000	2.0	2.0	1.0	19 Feb 2025	On Market
17 Echo Pl	$420,000	2.0	2.0	1.0	19 Feb 2025	On Market
17 Echo Pl	$420,000	2.0	2.0	1.0	19 Feb 2025	On Market
17 Echo Pl	$420,000	2.0	2.0	1.0	19 Feb 2025	On Market