Winter Valley is a smaller suburb in Victoria within the Ballarat local government area (postcode 3358). With a population of 3,440, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $105K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Winter Valley is $553,000, having declined 4.7% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,600.
Public transport access includes 3 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, Winter Valley offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($553K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.3x is considered affordable. House prices have moved -4.7% year-on-year.
Winter Valley is a smaller suburb in Victoria within the Ballarat local government area (postcode 3358). With a population of 3,440, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $105K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Winter Valley is $553,000, having declined 4.7% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,600.
Public transport access includes 3 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, Winter Valley offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($553K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.3x is considered affordable. House prices have moved -4.7% year-on-year.