307 SMYTHES ROAD, DELACOMBE
- A 'Major Activity Centre' (MAC) under the Ballarat West Structure Plan
- Within the MAC, the property is allocated for Large Format Retail and Mixed Use
- Located less than 5km* from the Ballarat CBD with three (3) street frontages totalling in excess of 750m*
- Perfectly positioned to accommodate the requirements of a growing Ballarat, being surrounded by future residential development
- Neighbouring the under construction Delacombe Town Centre, a 20,000sqm sub-regional shopping centre, with lease pre-commitment in place with Woolworths and Kmart
CBRE Victorian Development Sites & Retail Investments team:
Julian White
+61 422 764 137
Justin Dowers
+61 438 098 805
Kevin Tong
+61 422 848 818
*approx
The size of Delacombe is approximately 5.4 square kilometres. There are 11 parks, covering nearly 3.6% of the total area. The population of Delacombe in 2016 was 6297 people. By 2021 the population was 5408 showing a population decline of 14.1% in the area during that time. The predominant age group in Delacombe is 20-29 years. Households in Delacombe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Delacombe work in a professional occupation.In 2021, 68.60% of the homes in Delacombe were owner-occupied compared with 71.50% in 2016.
Delacombe has 3,612 properties. Over the last 5 years, Houses in Delacombe have seen a 23.93% increase in median value, while Units have seen a 36.27% increase. As at 30 April 2026:
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