Ballarat: Part 3
Ballarat was proclaimed a city in 1871, its prosperity continued until late in the 19th century, after which its importance relative to both Melbourne and Geelong rapidly faded with the slowing of gold extraction. It has endured as a major regional centre hosting the rowing and kayaking events from the 1956 Summer Olympics. It is the commercial capital of the Central Highlands and the largest city in the Goldfields region of Victoria—a significant tourist destination. Ballarat is known for its history, culture and its well-preserved Victorian era heritage.