All About Mount Clear, Ballarat, VIC, 3350

Mount Clear, located in the city of Ballarat, Victoria, presents a unique blend of suburban charm and access to natural beauty, making it an appealing spot for homebuyers and renters. The housing market in Mount Clear has seen gradual growth over recent years, reflecting the broader trends in regional Victorian real estate. Due to its proximity to Ballarat's city center, about 5 kilometers away, Mount Clear offers residents the benefits of suburban living with convenient access to urban amenities. The property landscape is diverse, consisting of spacious family homes, modern townhouses, and a few units, catering to various demographic needs. Recent developments and infrastructure projects in the region have further enhanced its attractiveness, drawing interest from both first-time buyers and investors looking for properties with potential for appreciation.

Living in Mount Clear is characterized by a serene, community-focused lifestyle amidst beautiful natural surroundings. The suburb is home to several parks and reserves, such as the Yarrowee River Trail and the scenic Canadian State Forest, offering ample opportunities for outdoor activities like hiking, biking, and picnicking. Families appreciate the suburb's educational facilities, including well-regarded primary and secondary schools, which provide quality education and a strong community feel. Public transportation options, along with easy access to major roads, ensure that residents can commute effortlessly to the larger Ballarat area and beyond. The sense of community in Mount Clear is reinforced by local events and activities that bring neighbors together, contributing to a friendly and welcoming atmosphere. Overall, Mount Clear offers a balanced lifestyle that appeals to those seeking both tranquility and convenience.

Mount Clear Real Estate Market Outlook

Thinking about buying in Mount Clear? Now could not be a better time, with 1985 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $591,000 with prices in this suburb ranging from $140,000 to $3,427,000. The aproximate distance to the coast is 67 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Mount Clear due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Mount Clear changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Mount Clear requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Mount Clear we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mount Clear a better buying opportunity than it may have been in the past.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!