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Ballarat Central, Australia
Full City Profile
3.0
/5.0
B
Good
5,540
Population
22/sq mi density
1,476 ft
Elevation
450 meters
52°F
Avg Temperature
11°C
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$27,750 median income, 4.8% unemployment
B
Affordability
3.2 / 5.0
$169,000 home value, $845/mo rent
Housing Overview
Median Home Value
$169,000
40% below
US avg: $281,900
Median Rent
$845/mo
27% below
US avg: $1,163/mo
Homeownership Rate
59.0%
10% below US avg (65.4%)
Total Housing Units
2,216
Ownership vs. Renting
59.0%
Owner-Occupied
41.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $169,000 |
Rent
| Census Median Rent | $845 |
Market
Ownership & Stock
| Owner-Occupied | 59.0% |
| Renter-Occupied | 41.0% |
| Homeownership Rate | 59.0% |
| Total Housing Units | 2,216 |