VIC3350· Pop. 66,022Ballarat

EUREKA

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

53

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$527,500

VIC Gov · 2025

Rent yield

3.0%

computed from govt data

Annual growth

-3.8%

annualised from govt data

Vacancy rate

2.0%

modelled estimate

AI insights for EUREKA

Investment analysis, risks & comparisons

PREMIUM

EUREKA shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$300/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+1.2%

annual shift

Yield × growth index

-0.4

combined signal

Net yield (est.)

3.42%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

-1.1%

est. compound, long-run avg

10-yr growth (CAGR)

+6.0%

est. compound, long-run avg

Rental demand

59 / 100

Strong demand

Supply pipeline

Real

1.5%

new dwellings approved / stock · ABS 2024-25

Moderate supply

5-year price history

2020
$558k
2021
$568k
2022
$705k
2023
$570k
2025
$528k

Source: VIC Gov · 2025 · all sources

Market overview

EUREKA is a VIC suburb offering lower rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

  • Rental yield 3.0% with stable tenant demand
  • Access to national transport network and amenities

Risk factors

  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,503/wk

$67k taxable p.a.

Renters

32.9%

64.6% owner-occupier

Median age

39.0 yrs

Unemployment

2.9%

Population growth

+3.8% p.a.

Investor-owned

13.0%

of all dwellings (ATO)

Houses

79%

16% apartments

Degree qualified

37.5%

bachelor's or higher (ABS)

Work from home

18.3%

of employed residents (ABS Census)

Median lot size

1.1 ha

Large block

Household size

2.8 persons

avg per dwelling (ABS Census)

Short-term rental

3.7%

Some Airbnb activity

Market activity

Distance to CBD

100.3 km

Regional

Days on market

57 days

Slower market

Auction clearance

61.8%

Balanced market

Walkability

63 / 100

Very walkable

Coastal proximity

96.6 km

Inland

NBN technology

FTTN

Standard — fibre to node

Population density

492/km²

Low density

Schools in postcode 3350

🏫22 Primary🎓6 Secondary📚1 Combined1 Special
ACARA 2025

🏫Primary (22)

St Patrick's School

Catholic · Yrs Prep-6

ICSEA 1096

Pleasant Street Primary School (Ballarat)

Government · Yrs Prep-6

ICSEA 1095

St Columba's School

Catholic · Yrs Prep-6

ICSEA 1090

Emmaus Catholic Primary School

Catholic · Yrs Prep-6

ICSEA 1088

St Thomas More School

Catholic · Yrs Prep-6

ICSEA 1087

Ballarat Steiner School

Independent · Yrs Prep-6

ICSEA 1076

St Francis Xavier School

Catholic · Yrs Prep-6

ICSEA 1071

Ballarat Primary School (Dana Street)

Government · Yrs Prep-6

ICSEA 1069

Siena Catholic Primary School

Catholic · Yrs Prep-6

ICSEA 1055

St Alipius' Parish School

Catholic · Yrs Prep-6

ICSEA 1052

Black Hill Primary School

Government · Yrs Prep-6

ICSEA 1042

Lucas Primary School

Government · Yrs Prep-6

ICSEA 1029

St Aloysius' School

Catholic · Yrs Prep-6

ICSEA 1022

Caledonian Primary School

Government · Yrs Prep-6

ICSEA 1010

Alfredton Primary School

Government · Yrs Prep-6

ICSEA 1009

Newington Primary School

Government · Yrs Prep-6

ICSEA 1007

Ballarat North Primary School

Government · Yrs Prep-6

ICSEA 1002

Mount Clear Primary School

Government · Yrs Prep-6

ICSEA 991

Little Bendigo Primary School

Government · Yrs Prep-6

ICSEA 986

Mount Pleasant Primary School

Government · Yrs Prep-6

ICSEA 972

Canadian Lead Primary School

Government · Yrs Prep-6

ICSEA 952

Macarthur Street Primary School

Government · Yrs Prep-6

ICSEA 951

🎓Secondary (6)

Loreto College

Catholic · Yrs 7-12

ICSEA 1073

St Patrick's College

Catholic · Yrs 7-12

ICSEA 1055

Damascus College

Catholic · Yrs 7-12

ICSEA 1052

Ballarat High School

Government · Yrs 7-12

ICSEA 1016

Mount Clear College

Government · Yrs 7-12

ICSEA 996

Woodmans Hill Secondary College

Government · Yrs 7-12

ICSEA 988

📚Combined (1)

Ballarat Clarendon College

Independent · Yrs Prep-12

ICSEA 1172

Special (1)

Sovereign Hill School

Government

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

High crime
33/ 100

10.2 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Average
1038ICSEA · national avg 1000

29 schools in postcode area

Source: ACARA My School 2025

Transit access

Good
50/ 100
🚆 1 train🚌 18 bus

Source: State GTFS feeds

Gentrification signal

35

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

low

Source: State GIS flood zone data

🔥

Bushfire risk

low

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

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Location

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