Mount Pleasant 3350
Market analysis for investment properties in Mount Pleasant
Median Price
$530,000
Trend:Accelerating
+8.2%
Median Rent
$430/pw
Trend:Steady
+1.2%
Rental Yield
4.22%
Trend:Decelerating
-6.4%
Median DoM
29 Days
Trend:Decelerating
-54.7%
Market Analysis
Why investors are watching Mount Pleasant right now.
Mount Pleasant in Ballarat, Victoria offers convenient shopping options with the nearby Bridge Mall shopping precinct in the Ballarat CBD, which houses a variety of retail outlets, cafes, and restaurants.
The suburb is home to reputable primary and secondary schools, such as Pleasant Street Primary School and Mount Clear College, providing quality education options for families in the area.
Residents of Mount Pleasant can easily access Melbourne via public transport, with frequent bus services connecting the suburb to Ballarat Station, where they can catch a direct train to Melbourne's CBD.
Nature lovers will appreciate the abundant greenery surrounding Mount Pleasant, including parks like North Gardens and Lake Wendouree, providing ample opportunities for outdoor recreation and relaxation.
In addition to the natural green spaces, the suburb also benefits from its proximity to the Ballarat Botanical Gardens, offering a serene escape within a short distance from residents' doorsteps.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Mount Pleasant often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Mount Pleasant be in 2026?
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Investment Insights & FAQ
Frequently asked questions about the Mount Pleasant property market in 2026.
As of March 2026, the Mount Pleasant property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 8.16% and units have grown by 29.24%. These figures reflect the evolving demand within Ballarat, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Mount Pleasant range from $530,000 for houses to $465,250 for units. These values are calculated based on recent transaction data and current buyer activity across the Ballarat region.
For investors targeting cash flow, houses rent for $430 /pw with a 4.22% yield, while units rent for $390 /pw with a 4.36% yield. This rental performance is a key indicator of strong tenant demand within the Mount Pleasant area.
Market Insights Last Updated: March 2026