Ballan, VIC 3342 is not on our current shortlist in Handle's suburb model as at November 2026. The median house is $690,000 with a 3.8% gross yield, vacancy is 0.21% against 2.16% across Moorabool, and values have grown an average 2.4% a year over five years.
Every figure below is from the Handle suburb model, refreshed weekly. Moorabool is the council area.
| Metric | Ballan | Moorabool | Context |
|---|---|---|---|
| Median house price | $690,000 | $658,250 | |
| Median rent | $505 / week | +11.0% in 12 months | |
| Gross rental yield | 3.8% | 4.0% | |
| Vacancy rate | 0.21% | 2.16% | 7 homes for rent |
| Days on market | 41 days | ||
| Stock on market | 2.46% | 37 listings, 57 sales a year | |
| Months of inventory | 7.2 | ||
| 12-month growth | +11.3% | ||
| 5-year growth (a year) | +2.4% | +13% cumulative | |
| 10-year growth (a year) | +4.7% |
A median Ballan house was worth about $613,500 five years ago. Today it is $690,000, a +13% change, or 2.4% a year. Over 10 years the average is 4.7% a year, and the last 12 months added +11.3%.
Past growth is not a guide to future growth. It tells you how the suburb has behaved, not what it will do next.
The median house in Ballan rents for $505 a week, a 3.8% gross yield against 4.0% across Moorabool. Rents have moved +11.0% over the last 12 months, and vacancy sits at 0.21%, well under the 1.5% line we treat as tight.
There are 37 houses listed for sale against roughly 57 sales a year, which is 7.2 months of stock. Homes take 41 days to sell on average. Low stock and quick sales usually mean buyers are competing for what is listed.
Ballan has about 3,392 residents, up 27.5% over 10 years. Median household income is $1,740 a week, 88% of the VIC median. 80% of homes are owner-occupied, and 10% of mortgaged households are in mortgage stress.
Employment across Moorabool, where 30% of jobs are in government-backed sectors like health, education and public administration.
Of the four signals our model scores, rental return and community fundamentals lead for Ballan and price growth trails. A suburb score is where we start, not where we stop: every property still has to pass our 29-check screen and fit your Exit Plan before we buy.
Data as at 9 November 2026 from SuburbsFinder, ABS Census and public project sources, scored by Handle's suburb model across 3,393 suburbs. Bands: Prime is roughly the top 10%, Strong the next 20%, Watch the next 15%. General information only, not financial advice. Past growth is not a guide to future growth.
Ballan is not on Handle's current shortlist as at November 2026. The median house is $690,000 with a 3.8% gross yield and 0.21% vacancy. Whether it suits you depends on your borrowing, budget and plan, so we check every property against our 29-point screen before recommending it.
The postcode for Ballan, VIC is 3342. Ballan is in the Moorabool local government area, and our data below covers houses in Ballan itself rather than the wider council area.
The median house price in Ballan, VIC is $690,000 as at November 2026, against $658,250 across Moorabool. Values moved +11.3% over the last 12 months and averaged 2.4% a year over five years.
A median house in Ballan rents for $505 a week, a gross rental yield of 3.8%. The Moorabool median is 4.0%. Rents changed +11.0% over 12 months.
Vacancy in Ballan is 0.21%, against 2.16% across Moorabool. Below 1.5% is generally a tight rental market, which supports rents and shortens the time to find a tenant.
Employment across Moorabool is led by construction, health care and social assistance, education and training, with 30% of jobs in government-backed sectors. Homes sell in about 41 days with 7.2 months of stock.
Written by Ahijith (AJ) Chandra, co-founder of Handle Properties. Updated weekly; data as at 9 November 2026. Handle Properties is a licensed buyers agency, not a financial adviser.
Located in the dynamic state of VIC (postcode 3342), BALLAN is a vibrant real estate market. This suburb holds a median house price of $665,000 and has demonstrated an average buying growth of Up 1.1%. Last month, 34 houses were available, with 34 transactions completed in the past year. Properties spend around 49 days on the market, reflecting the area's demand with 930 interested buyers. The average rental yield stands at 3.3%, with a weekly median rent of $350 per week and an average rent growth of Up 2.6%. Rental properties usually stay on the market for 26 days. The population in 2016 was 3002, which changed by +8.20% in the past five years. The median weekly household income is $1,277, reflecting an income change of +28.99% over the past five years. Residents have a median age of 43 years, and the suburb has an average annual growth for houses of +9.44%. To fully take advantage of BALLAN's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in BALLAN, Handle provides end-to-end property investment services, backed by data and experts.
The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.