Cardigan
Suburb profile, market snapshot and recent listings for Cardigan, VIC 3352.
About Cardigan
Welcome to Cardigan
Cardigan sits on the western fringe of Ballarat in central Victoria, one of a handful of growth-corridor suburbs that have sprung up as the regional city has expanded outward. It borders Lucas, Mitchell Park, Alfredton, Miners Rest and Bunkers Hill, and shares much of the master-planned, newly-built character of that group of suburbs while retaining a slightly quieter, more rural edge.
With a population of just 1,064 and a median age of 36, Cardigan is a young, growing community rather than an established one. It tends to suit families and first-home buyers drawn to new-build living, larger blocks and proximity to Ballarat's amenities without the price tag or density of the inner city.
Housing & architecture
Cardigan is very much a suburb in the making. Current listings show the market is dominated by land, which accounts for 70% of what's on offer, against 30% established or newly built houses. This tells the story of a community still filling in — house-and-land packages and new-build streetscapes are the norm rather than the exception.
Expect contemporary brick veneer and rendered facades on generous lots, wide new roads and the occasional older rural-style dwelling left over from Cardigan's pre-subdivision days. Buyers looking for character homes won't find them here yet, but those wanting a clean-slate, low-maintenance new build have plenty of choice.
The property market
The median house price in Cardigan currently sits at $1.12 million, a figure that places it toward the premium end of Ballarat's growth corridor. That said, the suburb has recently recorded a house price movement of -12.7%, a reminder that newer, land-heavy markets like this one can be more volatile than established suburbs, particularly as supply from ongoing land releases continues to come online.
For buyers, that pullback may present an opening to enter at a more accessible price point than in neighbouring Lucas or Alfredton. For existing owners, it's worth keeping an eye on how the balance of land-versus-completed-home stock shifts as the estate matures, since this typically has a bearing on price stability.
Getting around
Cardigan's location just west of Ballarat's built-up area makes it an easy drive into the city centre, with the Western Freeway and Sunraysia Highway corridor providing the main arterial links toward town and out toward Beaufort and the Wimmera. Miners Rest and Bunkers Hill, both close by, connect through to the Western Highway and give access toward Ballarat West and beyond.
Ballarat's train line, running from Ballarat Station through to Southern Cross in Melbourne, is the main option for those commuting further afield, and is a short drive away via the surrounding suburbs. Locally, most day-to-day travel in Cardigan is car-based, as is typical for a growth-front suburb still building out its internal road network.
Schools & families
With a median age of 36, Cardigan has a strong base of young families, and the surrounding corridor of Alfredton, Lucas and Mitchell Park has seen substantial investment in schools and childcare in recent years to keep pace with population growth. Families in Cardigan typically look to these neighbouring suburbs for established primary and secondary options, while continuing to benefit from Ballarat's broader network of well-regarded government and independent schools.
As Cardigan itself continues to develop, it's the kind of place where new community infrastructure — parks, playgrounds and eventually local schools — tends to follow the rooftops, making it one to watch for families planning a few years ahead.
Parks & recreation
Cardigan's semi-rural fringe location means residents have relatively easy access to open space, both within the estate's planned reserves and in the surrounding countryside toward Miners Rest and Bunkers Hill. As the suburb fills out, expect more formal parkland, walking trails and sporting facilities to be added, in keeping with the pattern seen in neighbouring Lucas and Alfredton.
For established parks, playgrounds, and recreation reserves, Ballarat's wider network — including the botanical gardens and Lake Wendouree precinct — is a short drive from Cardigan, giving residents a good balance of local space and access to more developed leisure facilities nearby.
Market snapshot
Cardigan property market
Median sale price
$1.12m
House · 4 bed
Median rent
—
per week
Gross rental yield
—
annual rent ÷ sale price
Typical price range
Entry
$839k
Median
$1.12m
Premium
$1.61m
Days on market
48
Auction clearance
0%
Sold this year
13
Median sold price trend · House 4 bed
Property types on market
Share of current listings in Cardigan by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Cardigan, VIC 3352.
Population
1,064
residents (2021)
Median age
36
years
Household income
$2,713
median, per week
Median rent
$350
per week
Median mortgage
$2,167
per month
Mortgage / income
18%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Cardigan
$550k
12 Centenary Street
Sold ~July 2026
$845k
4 Furness Drive
Sold ~July 2026
$1.60m
13 Skye Court
Sold ~June 2026
$875k
20 Maxwell Street
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Cardigan
Compare the area
Price map around Cardigan
Every listing for sale near Cardigan, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Cardigan suburb FAQ
What is the median property price in Cardigan?
The median house price in Cardigan, VIC is $1.12m for a 4-bedroom home. Over the past year, median sold prices have fallen about 12.7%.
Is Cardigan a good place to live?
Cardigan is a suburb on the north-western rural-urban fringe of Ballarat in Victoria, Australia. Cardigan is an established residential suburb in VIC, with a population of around 1,064.
What is the population of Cardigan?
Cardigan has a population of 1,064 (ABS 2021 Census), with a median age of 36.
How long do homes take to sell in Cardigan?
Properties in Cardigan take around 48 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Cardigan?
Entry-level properties in Cardigan start around $839k, while premium homes reach $1.61m.
What suburbs are near Cardigan?
Suburbs near Cardigan include Lucas, Mitchell Park, Alfredton, Miners Rest and Bunkers Hill.
Fresh to market
New this week in Cardigan
6 Sturt Horizon Court, Cardigan, VIC 3352
6 Sturt Horizon Court, Cardigan, VIC 3352
16 Sturt Horizon Court, Cardigan, VIC, 3352
Available now
Properties in Cardigan
20 ACRES. MASSIVE INFRASTRUCTURE. STRATEGIC POSITION.
10 ACRES. MAJOR GROWTH CORRIDOR. MASSIVE HOLDING INCOME.
6 Sturt Horizon Court, Cardigan, VIC 3352
6 Sturt Horizon Court, Cardigan, VIC 3352
16 Sturt Horizon Court, Cardigan, VIC, 3352
Immaculate Family Living on Half an Acre
HOUSE & LAND PACKAGE - HAVE YOUR DREAM HOME BUILT BY VICTORIAS LARGEST BUILDER OF STEEL FRAME HOMES
HOUSE & LAND PACKAGE - HAVE YOUR DREAM HOME BUILT BY VICTORIAS LARGEST BUILDER OF STEEL FRAME HOMES
9 Sturt Horizon Court Cardigan
