Average rent in Ballarat North - Invermay, VIC — 2026

Ballarat North - Invermay sits below the Victoria median, with the typical renter paying $300/week — 17% less than the state-wide $363/week baseline (ABS Census 2021). The suburb skews owner-occupied: 72% own outright or with a mortgage, and only 26% rent. Housing stock is dominated by separate houses (88%), with limited high-density development. Population sits at 14,750, the median age is 41, and the most common occupation is Professionals. 9% of residents were born overseas. Ballarat North - Invermay is 100km from Melbourne, often putting it outside the inner-ring rent pressure zone — though state-level rent indices show the 2021 baseline is now meaningfully out of date. Your reported figure above gives the live read; the Census number anchors the historical baseline.