Ballarat is one of Australia’s robust regional cities. It thrives through a diverse economy, a growing population and proximity to Melbourne. Ballarat is the center of the historic goldfields region, attracting tourists throughout the year. Mining has been supplanted by other economic drivers, including agriculture, manufacturing, tourism and an emerging hub for information technology.
Ballarat is also the center for a region with several major wind farm developments. The city’s prospects have grown with the achievement of the $5 billion Regional Rail Link, adding to Ballarat’s appeal as an affordable city within commuting distance of Melbourne jobs. Ballarat suburbs have median house prices ranging from $244,000 to $376,000, emphasizing the city’s appeal as an affordable lifestyle alternative to Melbourne.