2/1121-1123 Geelong Road, Mount Clear, Vic 3350
$475,000 - $495,000
3 2 1
Open Saturday 8 August 9:30 amMount Clear developed as a transit point between the Ballarat goldfields and the southern pastoral lands. It transitioned from mining and small-scale agriculture to a residential suburb in the mid-20th century as Ballarat expanded southwards.
A quiet, residential enclave popular with families and educators, characterized by large blocks and 1970s-1990s brick veneers interspersed with modern developments.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Mount Clear serves as the 'middle ground' of the Ballarat southern corridor, offering better value than Buninyong and better amenity than Sebastopol. It is a strategic choice for families prioritizing education and lifestyle.
$490k – $780k
$380k – $460k
12-month movement
Current asking rents
Prices have stabilized after the post-pandemic surge, making it a predictable market for buyers. The high house-to-unit ratio preserves the suburb's low-density feel.
Price comparison
Median price ÷ median income
Estimated rental yield
Mount Clear remains highly accessible for first-home buyers and regional relocators. It offers a significant 'space premium' where buyers can secure a 4-bedroom home for the price of a small apartment in Melbourne's outer suburbs.
Lower = tighter market
Avg time on market
Annual rental increase
University staff, healthcare workers, and young families awaiting their own builds.
Low vacancy rates and consistent demand from the education sector provide a safe defensive play. Capital growth is steady rather than explosive.
Expect moderate, sustainable growth. Mount Clear will likely benefit from the 'overflow' effect as Buninyong becomes increasingly unaffordable for the average family.
vs last 12 months
Relative comparison
Standard suburban precautions apply. Check local police data for specific 'hotspots' near commercial strips.
The primary risks are environmental and regulatory, specifically related to bushfire management and vegetation protection.
Low risk; mostly elevated terrain, though some localized drainage issues exist near the creek lines.
High risk in eastern pockets. Properties within the BMO require specific construction standards (BAL ratings).
Potential for higher premiums in BMO-affected zones; buyers should obtain quotes during the cooling-off period.
Bushfire Management Overlay (BMO), Vegetation Protection Overlay (VPO)
Small-scale subdivision of older large blocks and townhouse infill near the shopping strip.
Overlays can significantly impact the cost of renovations or new builds. Always check the Planning Property Report.
Regular bus services to Ballarat CBD; Midland Highway provides easy road access south to Geelong.
Local Midvale Shopping Centre covers essentials; proximity to Buninyong cafes.
Excellent; Woowookarung Regional Park is a major asset for hiking and mountain biking.
A standout feature with Mount Clear College and Damascus College nearby.
Relies on Ballarat Central (Base Hospital and St John of God), approx 10-15 mins drive.
A stable, middle-class community with a high proportion of professionals in education and healthcare.
The high owner-occupancy rate contributes to well-maintained streetscapes and a strong sense of community.
Focus is on infrastructure upgrades and recreational improvements rather than large-scale residential projects.
Residents value the suburb for its safety, 'green' feel, and the convenience of having quality schools within walking distance. It is often described as a 'quiet achiever' in the Ballarat market.
We moved here for the college, and it's been the best decision. The kids can walk to school and the park is our backyard.
Got a 700sqm block for way less than a tiny lot in Melbourne. The house needs work, but the bones are great.
Never had a vacancy longer than a week. The uni staff are excellent tenants.
The drive to the station is fine, but I wish the buses ran more often on weekends.
The birdlife here is incredible. It feels like living in the country but with a supermarket down the road.
Love the trees, but the BMO meant our deck renovation cost a lot more than we expected.
Position the property as a 'lifestyle and education' choice. Emphasize the balance between suburban convenience and nature access.
Stable yield play with low vacancy.
Higher maintenance costs on older brick veneers; potential for insurance hikes.
Quiet streets, great for kids, close to nature.
Can be chilly in winter; limited nightlife within the suburb.
Strict adherence to gas and electrical safety checks every two years is mandatory in Victoria.
The 'Education Suburb', 'Gateway to the Regional Park', 'Ballarat's Best Value South'.
Young families, Federation University staff, and regional tree-changers.
This report is based on data available as of March 2026. Property investment carries risk. Buyers should conduct their own independent financial and legal due diligence before proceeding with a purchase.
Now
Before
$475,000 - $495,000
3 2 1
Open Saturday 8 August 9:30 am
Charming Three-Bedroom Home on a Spacious 1,892m² Allotment
Comfortable & Convenient 2-Bedroom Home in a Peaceful Location
Real Search makes searching for your new home easy with properties for sale in Mount Clear VIC 3350 and properties for rent in Mount Clear VIC 3350. Are you looking for specific type of property? Real Search has units for sale in Mount Clear VIC 3350 and houses for sale in Mount Clear VIC 3350. Real Search also provides 1 bedroom unit for sale in Mount Clear VIC 3350, 2 bedroom unit for sale in Mount Clear VIC 3350 & 3 bedroom unit for sale in Mount Clear VIC 3350. Find best real estate agents in Mount Clear VIC 3350. You can also check real estate agencies in Mount Clear VIC 3350. Research the property market of Mount Clear VIC 3350 with a property report and suburb profile report on Real Search.