Real Estate Carngham Vic 3351

Real Estate Market: Is Carngham VIC 3351 a Good Suburb to Buy Into?

Housing Market in Carngham

Key Carngham Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 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	$477	Bottom 15%	83% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Carngham

Carngham 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

Carngham

33.4%

Ballarat

34.8%

Compare
Suburbs

Field	Value	VS Ballarat	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	0.0	Bottom 10%	Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
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	0	Bottom 24%	Data for Mar 2025

Housing Stock Quality in Carngham

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	100.0%	Top 31%	2% to Jan 2021
Average bedrooms - all homes	2.7	Top 30%	Data for Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023

Development Restrictions in Carngham

Carngham Zoning Map

Sample Graphic

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

Carngham

22.4%

Ballarat

29.0%

Compare
Suburbs

	Field	Value	VS Ballarat	Trend
	Heritage overlay total area	0.0 sq km	Bottom 49%	Data for Jun 2023

Risk in Carngham

Carngham 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

Carngham

24.8

Ballarat

40.0

Compare
Suburbs

Field	Value	VS Ballarat	Trend
% Owner Occupied	100.0%	Top 11%	Data for May 2023
% Rentals	0.0%	Bottom 11%	Data for May 2023
Housing Affordability Index	38	Top 34%	Data for Jun 2023
Median monthly mortgage	$1,650	Bottom 34%	61% to May 2023
Rent Affordability Index (Houses)	82	Top 28%	Data for Jun 2023
Rent Affordability Index (Units)	81	Top 21%	Data for Jun 2023
Mortgage as a percent of income	19.1%	Bottom 34%	13% to Jan 2021
Mortgaged Dwellings	45.7%	Top 31%	30% to May 2023

Housing Demand in Carngham

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, 2006 - 2030

Carngham

19.9%

Ballarat

54.4%

Compare
Suburbs

Field	Value	VS Ballarat	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	5020	Bottom 15%	8% to Dec 2036
Historical Population (SA3)	27000	Bottom 13%	12% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	7670	Bottom 39%	17% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium

Unit Market in Carngham

Carngham Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Ballarat	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$366	Bottom 7%	144% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	56.1%	Bottom 20%	47% to Mar 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Pyrenees

Turnover Rate by Street (13)

Turnover rate	Street	Turnover Label	Turnover Years	Year
100.0%	Goldsmith Ln	high turnover	Every 10.0 years (high turnover)	2025
100.0%	Beaufort-Carngham Rd	high turnover	Every 10.0 years (high turnover)	2025
84.6%	Station Ln	average turnover	Every 11.8 years (average turnover)	2025
133.3%	Ballarat-Carngham Rd	very high turnover	Every 7.5 years (very high turnover)	2025
250.0%	North South Rd	very high turnover	Every 4.0 years (very high turnover)	2025

Percent of Renters by Street (14)

Percent of Renters	Street
0.0%	Back Cemetery Rd
0.0%	Ballarat-Carngham Rd
0.0%	Beaufort-Carngham Rd
0.0%	Cemetery Hill Rd
0.0%	Dobsons Ln

Planning Applications: Dwellings (1)

Headline	Place	Date
Use and development of a dwelling and associated outbuildings and creation of a carriageway easement - Pyrenees Shire Council PA21084	Quilliams Road Snake Valley Vic 3351	04 Aug 2023

Businesses (3)

Name	Address
Joseph De Losa Design Build
Joseph De Losa Design Build
Joseph De Losa Design Build

Recently Sold Houses (25)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
118 Station Ln	$635,000	3.0	1.0	2.0	26 Sep 2024	On Market
118 Station Ln	Price Withheld	3.0	1.0	2.0	26 Sep 2024	On Market
20 Goldsmith Ln	$500,000	4.0	1.0	3.0	28 Aug 2024	On Market
20 Goldsmith Ln	Price Withheld	4.0	1.0	3.0	28 Aug 2024	On Market
270 Fitzpatrick Ln	$837,000	4.0	2.0	4.0	15 Mar 2024	On Market

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Back Cemetery Rd	06 Oct 2023	$732,500
Log Cabin Ln	06 Oct 2023	$732,500
Station Ln	06 Oct 2023	$732,500
Back Cemetery Rd	31 May 2024	534900.0
Fitzpatrick Ln	31 May 2024	435500.0

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
270 Fitzpatrick Ln	$837,000	4.0	2.0	4.0	15 Mar 2024	On Market
270 Fitzpatrick Ln	$837,000	4.0	2.0	4.0	15 Mar 2024	On Market
270 Fitzpatrick Ln	$837,000	4.0	2.0	4.0	15 Mar 2024	On Market
270 Fitzpatrick Ln	$837,000	4.0	2.0	4.0	15 Mar 2024	On Market
270 Fitzpatrick Ln	$837,000	4.0	2.0	4.0	15 Mar 2024	On Market