Pulling the latest suburb data
Crunching safety, prices and growth — this takes a moment for suburbs we haven't loaded recently.
Crunching safety, prices and growth — this takes a moment for suburbs we haven't loaded recently.
Ballarat LGA · VIC
Signal · Higher risk
For an investor,
A read of Magpie's fundamentals as they stand — not a price forecast. The scorecard below rates each factor so you can weigh the ones that matter to you.
The draw is strong affordability (mortgage ≈19% of local income · very affordable); the watch-out is elevated crime risk.
Pocket and street selection matter more than the suburb average.
Suburb highlights
Magpie ranks 6th of 6 among its Ballarat peers on the Suburb Score for a balanced buyer.
| Suburb | Median | 5-yr growth | Yield | Safety |
|---|---|---|---|---|
| Addington | — | — | 3.1% | Very safe |
| Scotsburn | — | — | 3.1% | Very safe |
| Tourello | — | — | 3.4% | Very safe |
| MagpieThis suburb | — | — | 3.1% | Elevated |
What could go wrong
A fast-filling new growth area — capital growth is still building from a small base.
Tight rental market — landlords have the upper hand.
New approvals are running below local demand — a supply gap that supports prices and rents.
Magpie is an emerging growth-area suburb — its resident base is still small and filling in fast, so a percentage off that tiny base overstates the trend. Read it as a new area being built out, not a precise growth rate.
A comparative guide, not a household-level stress rate. For a new growth area, the local income is a thin Census sample — read it as indicative.
The report goes the next mile — your numbers run on the Magpie median, tuned to your goal, in one document to take to inspections.
Mixed fundamentals for a balanced focus — 35/100.
Our verdict
Hard to justify for a balanced focusEvery figure on Magpie's page comes from free, public government data — no scraped listings. Some datasets carry a reporting lag (e.g. Census is 2021, ABS releases settle a quarter behind), so read them as a considered starting point, not live quotes.
Ask PropSignal AI about prices, yields and growth, or compare it with your shortlist. Free.
Indicative only; not financial or safety advice.