Average rent in Ballarat, VIC — 2026

Ballarat comes in cheaper than most of Victoria — the typical renter pays $313/week, around 14% below the state median of $363/week (ABS Census 2021). Most households here own (around 64% are owners or paying down a mortgage), and only 34% rent. The suburb is overwhelmingly separate houses (79%), with very little high-density stock. Population is around 12,131, median age 45, and the most common occupation category is Professionals. 13% of residents were born overseas. At 103km from Melbourne, Ballarat typically sits outside the inner-ring rent pressure zone — but state rent indices since 2021 have moved a lot, so the live figure above is a better current guide than the Census baseline.