Soldiers Hill is a smaller suburb in Victoria within the Ballarat local government area (postcode 3350). With a population of 2,813, the suburb has an established demographic with a median age of 40. Households earn a median income of $76K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Soldiers Hill is $600,000, having grown strongly 5.3% over the past year. Units have a median price of $363,000 (-4.6% YoY). The current median weekly rent is $410. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,509.
Soldiers Hill is served by 1 school, including 1 primary. The average ICSEA score is 951, which is around the national average of 1,000. Public transport access includes 6 rail stations, 6 bus stops. The crime rate in the Ballarat LGA is higher than average at 11,695 incidents per 100,000 population.
From an investment perspective, Soldiers Hill offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($600K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +5.3% year-on-year.
Soldiers Hill is a smaller suburb in Victoria within the Ballarat local government area (postcode 3350). With a population of 2,813, the suburb has an established demographic with a median age of 40. Households earn a median income of $76K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Soldiers Hill is $600,000, having grown strongly 5.3% over the past year. Units have a median price of $363,000 (-4.6% YoY). The current median weekly rent is $410. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,509.
Soldiers Hill is served by 1 school, including 1 primary. The average ICSEA score is 951, which is around the national average of 1,000. Public transport access includes 6 rail stations, 6 bus stops. The crime rate in the Ballarat LGA is higher than average at 11,695 incidents per 100,000 population.
From an investment perspective, Soldiers Hill offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($600K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +5.3% year-on-year.