Current Market Valuation
Estimated market value: $580,000 (Range $500,000 - $660,000)
Notes: Estimated by Domain, last updated May 2025. Realestate.com.au's 'realEstimate' showed an increase of 1.2% since last month as of May 26, 2025.
Purchase History
Dec 2021 - $273,000
Property Details
Type:
House
Bedrooms:
4
Bathrooms:
2
Land (sqm):
612
Car/Garage:
2 parking spaces
Estimated weekly rent:
$440 - $450 per week
Realestate.com.au estimated $440 per week as of June 23, 2025, with an estimated rental yield of 4.3% for the property compared to the Smythes Creek average of 3.5%. The property was listed for rent in 2024 with an asking price of $430 per week.
Rental vacancy rate:
4.23% (Smythes Creek, based on 2021 Census data).
Council rate:
Requires direct inquiry with City of Ballarat Council for current rates specific to the property. Smythes Creek is located within Ballarat City Council.
Water rate:
Estimated annual typical residential owner occupier water and sewerage bills for 2023-24 were $1,298 (Central Highlands Water).
Strata fee:
N/A (Standalone house)
Home and content insurance price:
Requires a direct quote based on specific property features and desired coverage.
Zoning Information
LGA:
Ballarat City Council
Zoning:
Primarily Residential (within Western Growth Area, identified for future Urban Growth Zone)
Bushfire:
No (for comparable 14 Buick Road)
Flood:
No (for comparable 14 Buick Road)
Heritage:
No (for comparable 14 Buick Road)
Potential Developments in the Area
State Government:
Smythes Creek is part of Ballarat's Western Growth Area, identified for future greenfield residential development, expected to provide 12,900-17,200 dwellings.
The Victorian Planning Authority (VPA) is conducting a strategic review of Ballarat's greenfield and infill land supply.
Local Government:
Ballarat City Council is reviewing the Ballarat West Precinct Structure Plan (PSP) and Development Contributions Plan (DCP).
The Ballarat Southern Trunk Sewer Project is underway in Smythes Creek to support future residential land development.
Goldfields Group's Cherry Flat Road masterplanned community in Smythes Creek, with 430 residential lots, is expected to launch in 2025.
Location 16 Buick Rd, Smythes Creek VIC, Australia
What's Nearby
Education
Health & Medical
Transportation
Bells Rd/Glenelg Hwy (Smythes Creek) - Bus stop (872 meters away) . Route C27 connects to Delacombe Town Centre, and V-Line buses connect to Ballarat CBD (13 min journey).
Suburb Performance
Median Price History
Smythes Creek is experiencing active development and population growth. The median sold price for houses over the last year is around $555,000 - $557,500. [3, 9, 14]
Last 12 months (May 2024 - May 2025) | $547,500 (for 4-bed houses)
12-Month Growth Insight
Houses in Smythes Creek have seen an annual capital growth of -3.88% (up to March 2025).
4-bedroom houses in Smythes Creek experienced a -0.5% growth from May 2024 - May 2025.
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