Redan vs Ballarat Central.
Comparing two suburbs with median house prices of $470,000 and $575,000. Ballarat Central edges out on more headline metrics in this comparison.
Redan (median $470,000) is roughly 18% cheaper to buy into than Ballarat Central ($575,000).
Ballarat Central scores higher on walkability (30/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Ballarat Central (1036) sits above Redan (1025).
For buyers
Redan is the lower entry point at $470,000 median, 18% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Redan offers the higher gross rental yield (3.32% vs 2.71%), favouring cash-flow investors.
For families
Ballarat Central edges out on average school ICSEA (1036 vs 1025).
Common questions
Is Redan or Ballarat Central cheaper to buy in?
Redan has the lower median house price at $470,000, roughly 18% below Ballarat Central ($575,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Redan or Ballarat Central have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Ballarat Central scores 1036 vs 1025 in Redan. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Redan or Ballarat Central?
Ballarat Central scores 100/100 on walkability vs 30/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Redan or Ballarat Central?
Gross rental yield on houses is 3.32% in Redan vs 2.71% in Ballarat Central. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Redan against another suburb