Local News

New figures show CBD residents declining

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New figures show the population in Ballarat’s Central Business District's declined.

The data released by the ABS outlines rapid growth in the outer suburbs of Ballarat, however numbers in the CBD have dipped by close to three-hundred since 2008.

Director of Hygge Property Joe Van Dyk says people want to live in the city but the houses aren’t there.

"Developers have to perhaps get a little more ambitious and bring options to people because there are a lot of young professionals who don't need the quarter-acre block and we think those buyers are there to move into town," he said.