Prime Large Format Retail opportunity is available for lease located at 202 Creswick Road, Ballarat Central. The tenancy offers approximately 1,066 sqm of gross lettable area within one of regional Victoria's most active and well-established large format retail precincts. There are approximately 13 dedicated onsite car spaces, and additional street parking. The property is situated in close proximity to well-known National Retail brands, such as Bunnings, Officeworks, Repco, ALDI and Petstock.Ballarat is Victorias third largest city, located approximately 105kms west-north-west of Melbourne, with a current LGA population of approximately 122,000 projected to grow to over 164,000 by 2046 (.idcommunity). As one of Australia's fastest growing regional cities, Ballarat's service catchment extends well beyond its city borders, drawing residents from surrounding rural areas and supporting strong, sustained retail spending across the region.For further information please contact the team at CBRE:Ethan Schofield0432 165 192ethan.schofield@cbre.comJames Bergman 0413 830 707james.bergman@cbre.comAdrian Sulaeman0467 030 451adrian.sulaeman@cbre.com
The size of Ballarat Central is approximately 3.8 square kilometres. It has 5 parks covering nearly 3.7% of total area. The population of Ballarat Central in 2016 was 5328 people. By 2021 the population was 5378 showing a population growth of 0.9% in the area during that time. The predominant age group in Ballarat Central is 20-29 years. Households in Ballarat Central are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ballarat Central work in a professional occupation.In 2021, 57.60% of the homes in Ballarat Central were owner-occupied compared with 56.90% in 2016.
Ballarat Central has 4,483 properties. Over the last 5 years, Houses in Ballarat Central have seen a 9.45% increase in median value, while Units have seen a 18.33% increase. As at 30 April 2026:
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