Western Ballarat · well-established family suburb, minutes from the CBD
Alfredton, VIC 3350
City of Ballarat · immediately west of Ballarat's city centre. Family-anchored postcode with historic + contemporary stock, established schools, and short-run access into central Ballarat.
City of BallaratPopulation 11,822 (2021 census band)111km to Melbourne CBD
Overview
Alfredton is a well-established suburb on the western edge of Ballarat. Population of 11,822 across 5,695 dwellings makes it one of Ballarat's larger suburban markets by volume. The mix runs from historic character stock through to contemporary family homes. Ballarat High School and several primary schools anchor the family demographic, and Victoria Park + adjacent reserves provide the outdoor amenity. Retail is spread across a few local shopping precincts, with a short run into central Ballarat for major retail + services. Commuter access to Melbourne runs via V/Line rail from Ballarat station (roughly 90 minutes to Southern Cross).
Property market snapshot
House and unit segments side-by-side. Numbers from the HtAG suburb report, refreshed 24 June 2026.
House · median
$782K Typical detached house in Alfredton
House · rent
$437/wk Median weekly rent, gross yield 2.90%
House · gross yield
2.90% Sourced direct from the HtAG snapshot
Unit · median
$394K Typical apartment or townhouse
Unit · rent
$360/wk Median weekly rent, gross yield 4.74%
Unit · gross yield
4.74% Sourced direct from the HtAG snapshot
Segment
Median price
Median rent
Gross yield
Houses
$782K
$437/wk
2.90%
Units / townhouses
$394K
$360/wk
4.74%
Sourced from our data partners. Full report available in the tracker.
Alfredton: key figures and local context
Larger-volume Ballarat suburban market. A larger buyer and tenant pool than the smaller regional pockets, by sales and rental volume.
Family demographic with established schools + reserves. Established family suburbs have historically shown lower tenant turnover than transient corridors.
Short-run access to central Ballarat + V/Line rail service to Melbourne (approx 90 min). Remote-work renter demand is not measured on this page.
Yield split between house (2.90%) and unit (4.74%) is shown so each segment can be modelled separately.
Ballarat employment spans health, education (Federation University), retail and government services, so no single employer dominates.
Risks & watchpoints
House gross yield is 2.90% at the median. Proposed negative gearing changes from 1 July 2027 change the modelled after-tax position; your accountant confirms the treatment.
Ballarat market cycles run behind metro Melbourne and independent of it. Past Ballarat cycles in the data have run 7 years and longer.
Some pockets border floodplain areas along Yarrowee River tributaries. Always verify property-specific overlay + easement risk before exchange.
Broader catchment
Alfredton sits within City of Ballarat. For the full LGA-level picture, infrastructure pipeline, and other suburbs in the same catchment, open the City of Ballarat snapshot.