Ballarat records another drop in home prices

October 3, 2023 12:23 pm in by
Photo: Pixabay

Ballarat has seen another drop in home prices.

New data from PropTrack has recorded a 2.13 per cent decrease in prices over the last quarter, with a 5.50 per cent drop year-on-year.

The latest Home Price Index found regional Victoria was one of only four markets nationally to see home prices decline, down 0.21 per cent in September.

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Regionally, prices are 2.88 per cent below the levels at the same time last year.