VIC Ballarat picking up ??

I was just looking at the days on market the other day with the interactive tools on these sites. Looks like they're coming down for a lot of the suburbs. I was checking out Canadian, which has come down a lot in the past year and is now more in line with Ballarat Central.

What's Your Suburb's Pace in the Sales Race? realestate.com.au

State Of The Property Market - realestate.com.au

 

Barely any sales in the heritage part of Canadian (near Clayton St etc, bordering Ballarat East and Golden Point). Seems like almost all sales are new homes, or at least newish homes. I’m finding it difficult to track the heritage part of Canadian simply due to there being so few sales.

 

Solid gold: Ballarat, the historical town that's luring buyers with a budding foodie scene

 

It's good to see Ballarat seems to be embracing a positive cultural change. This could be a great blue print for other regional centers to embrace.

This is what in my opinion the younger demographic like to see when concidering making the big switch to a regional center

 

Not sure that place is a good exemplar even for around the lake.

It really has come a long way the last few years. The change in Armstrong street is especially pronounced over a bit of a longer term. Not sure I'd claim it to be a foodie haven, but here's enough around now that visitors from Melbourne won't turn their noses up. (though not the Novelty of a new place every week you have in a big city).

I kind of feel like when I describe it to people now I'm saying "there's one great <Insert Cuisine>".

Moon and Mountain and the Pub with Two names certainly leave more of a Melbourne whiff off them, as did (do) Hop Temple and Mitchell Harris before them.

 

And spreading to Lydiard St (if only they could do something about Reid's Guest House - I'm thinking The Gatwick here ).

See inside The Provincial Hotel before it reopens to the public

"It is high time for the north end of Lydiard Street to have a revival, with The Provincial perfectly placed in the centre. With the Ballarat Station Redevelopment well under way, and GovHub on the Civic Hall site set to house 1000 public servants by 2020, the area will soon be buzzing with life and activity.

Like the Coghlans, some have already identified the precinct’s potential, with the former Seymours on Lydiard building likely to become a “Melbourne-inspired outdoor bar area with a glass atrium”.

“The whole precinct is on the verge of exploding into a really dynamic, cosmopolitan area,” Mr Coghlan said.

“With the real estate prices in Soldiers Hill, combined with the number of people from Melbourne seeing the value of the real estate in Ballarat as a very attractive option, it’s going to bring a lot more people to Ballarat looking for another experience.

“Armstrong Street is close to capacity now as hospitality precinct, so I think in and around Lydiard Streets there’s a great opportunity there."
​

 

True story I used to look after the Gatwick on their fire system six years ago.

 

Have stayed at reids guest house many times for a few nights in the backpackers room

Most people thought i was crazy.
I heard heaps of horror stories from locals and non locals.

I usually went in and didnt come out for the whole night so luckily didnt hear or experience anything bad

 

When I initially heard the news about the closing down, I wondered if it will be knocked down to give way to other development. Having read this news, it’s really good to see heritage value will be maintained with a bit of added modern flavor with glass to the existing building.

 

"The rental vacancy rate in Ballarat dropped to 0.7 per cent in November, the lowest regional rate in the state."​

This 55-year-old woman is facing homelessness at Christmas

 

109 Humffray Street North, Ballarat East, Vic 3350 $379500, 4 bedrooms yes, but otherwise a pretty average house

Sold 109 Eureka Street, Ballarat East VIC 3350 on 12 Dec 2018 - 2014776013 | Domain $395k, nicely renovated but still only a tiny 2 bedroom cottage selling for almost 400!

126 Humffray Street North, Ballarat East, Vic 3350 $385k for boring brick box in heritage are with asbestos filled ugly bathroom...

Sold 202 Humffray Street North, Ballarat East VIC 3350 on 17 Dec 2018 - 2014728418 | Domain $578k, does anything more need to be said!?

Property crash, what property crash?