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Suburb profile ·Ballarat LGA · VIC ·3350

Soldiers Hill VIC 3350

Soldiers Hill is in Ballarat LGA, VIC, postcode 3350, with population 2,813.

The read

Affordability-first

The page has enough signal to be useful, but the story is mixed rather than decisive. Use compare mode to pressure-test it against stronger nearby options, then use the calculator if it still makes the shortlist.

$600K
+5.3% YoY
2014 → 2024 · 11 periods
ABS + state medians
$700K
$310K
2014 2024
Why it fits

Entry price sits in the lower-cost range for a first-pass screen. Transport coverage adds a practical access signal.

Median house
$600K
House median, latest period
5.3%YoY D3 vs AU
Median rent
$420/wk
Rent context available
D9 vs AU
Gross yield
3.6%
Below investor band
D10 vs AU
Population
2,813
3K local footprint
D9 vs AU
Schools
1
Matched school context
D1 vs AU
Solar
8,205
597 added 12mo · 55MW

Price history

HousesUnits

Houses to 2024 · Units to 2025 — house and unit medians are released on separate cycles, so their latest period can differ.

Trend & investor depth

Indicative cashflow-$248/wk (-$12,900/yr) · interest-only @ 6.1%, 80% LVR

Indicative cashflow is interest-only and excludes tax — use the calculator for a full projection.

Affordability

Buying
7.9x
median home price as a multiple of annual household income
Moderate
Renting
29%
median weekly rent as a share of gross household income (the 30% rule)
Manageable

Owners with a mortgage repay a median of $1,509/mo, while renters pay about $1,820/mo — renting runs $311/mo higher on these medians.

Median price
$600K
Household income · yr
$76K
Median rent · wk
$420
Owner mortgage · mo
$1,509
Gross yield
3.6%

Household income

$76K household · yr-7.7% vs VIC suburb median
Personal
$44K
Family
$109K
Household
$76K

Growth outlook · Ballarat LGA

Dwellings
+36%
50,350 → 68,480
+18,130 dwellings
Population
+27.5%
113,480 → 144,730
Households
+33%
47,470 → 63,140

LGA-level official projection (Victoria in Future 2023, DTP). Indicative of the wider council area, not a suburb-level forecast.

Schools

Total1
Avg ICSEA951
Students83
Government1
  • Macarthur Street Primary SchoolPrimary · Government · ICSEA 951Zoned

1 of 1 schools here operate published enrolment zones (catchments). Zone boundaries set eligibility — check the official source for the exact catchment. Not enrolment advice.

Crime Year ending Dec 2025
14,481
11,695 per 100k
D9 vs AU

Crime

Rate · per 100k11,695
Total incidents14,481· Year ending Dec 2025
  • Assault1,20650%
  • Sexual Offences26711%
  • Robbery572%
  • Break And Enter88337%

Full data detail

Soldiers Hill VIC — Property Data and Demographics

Located in Victoria within the Ballarat local government area, Soldiers Hill is a compact suburb (postcode 3350). The area has roughly 2,813 residents and an established family 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. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.7% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, managers. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.

Median house prices in Soldiers Hill stand at $600,000, having grown strongly by 5.3% over the last twelve months. Units have a median price of $300,000 (-17.2% YoY). The current median weekly rent is $420. 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, The gross rental yield works out to roughly 3.6%, which reads as moderate yield. Property prices sit below the state median ($600K/$875K), which can point to relative value. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +5.3% year-on-year. Population growth of +1.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.

Market & money
Investment signalsHeuristics
Rental Yield3.6%· Moderate Yield
Price vs State$600K/$875K Below Median
Affordability7.9x· Moderate
Price Momentum+5.3% Rising
Pop. Growth+1.7%· Stable
Development+0%· Steady
InvestmentVIC
Mortgage · mth$1,509
Rent · wk(Census)$300
Market rent · wk(Sep 2025)$420
Gross yield2.6%
Price / income7.9x
Population growth · Ballarat LGAABS ERP
Population (2025)122,661
5-year growth+1.9% CAGR
YoY change+1.7%
20012025
Development · Ballarat LGAABS Approvals
Approvals (2026)853
Houses748
Units105
YoY change+0%
Employment · Ballarat LGASALM
Unemployment (Dec-25)4.1%
YoY change-0.2pp
Dec-10Dec-25
Property investors · Postcode 3350ATO
Negatively geared2,898 (7.2% of filers)
Avg rental loss$8,333/yr
Landlords (rental income)5,063
Reported capital gains3,669
People & prosperity
DemographicsCensus 21
Population2,813
Median age40
Household size2.2
HH income · wk$1,461
Personal income · wk$842
Persons / bedroom0.7
SEIFA indexABS
Advantage (IRSAD)6/10
Education (IEO)9/10
Economic (IER)2/10
Disadvantage (IRSD)7/10
Area & amenity
Local amenitiesOSM
Supermarkets0
Pharmacies0
GP / clinics0
Fuel stations1
Cafes & dining5
TransportGTFS
Rail stations6
Bus stops6
Ballarat Station
Ballarat Station/Lydiard St
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Current status
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Sources & freshness
Strong evidence

Soldiers Hill carries enough direct local evidence for a first-pass decision.

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Manual release files still matter here.

DataVic-discovered annual suburb price workbooks parsed into suburb prices. Quarterly VIC resources are discovered and cached, but not yet used as current-price anchors.

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
VIC Property Sales Report · 2024 · DataVic-discovered annual suburb price workbooks parsed into suburb prices. Quarterly VIC resources are discovered and cached, but not yet used as current-price anchors.
medium stability · manual file · every update · quarterly
Available
Market rent
Homes Victoria · Sep 2025 · State market dataset
medium stability · automated · every update · quarterly
Available
Crime
VIC Crime Statistics Agency · Year ending Dec 2025 · Area-level release dataset
Available
Schools
ACARA 2025 · 1 schools matched
stable source · automated · every update · annual
Available
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 12 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as ABS price fallback, Census rent fallback, or low-confidence hospital matching.

Soldiers Hill FAQ

Common questions
  1. What LGA is Soldiers Hill in?

    Soldiers Hill is in the Ballarat Local Government Area, VIC, postcode 3350. Council-level context for Ballarat LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the median house price in Soldiers Hill?

    The current median house price in Soldiers Hill, VIC is $600K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.

  3. What is the typical weekly rent in Soldiers Hill?

    The median weekly rent in Soldiers Hill is $420/wk, based on the current market rent dataset. The current rent signal is rent context available.

  4. What does the rent signal say about Soldiers Hill?

    Rent context available: Soldiers Hill has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  5. Is Soldiers Hill a good investment?

    QuickProperty's investment signals for Soldiers Hill show: Moderate Yield, Below Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.

  6. Where does QuickProperty get its data for Soldiers Hill?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  7. How often is the Soldiers Hill data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.