The driver of a Holden Commodore which crashed into poles in Black Hill in the early hours of the morning fled the scene, according to police.
Police and firefighters were called to an incident at the corner of Nicholson and Napier streets at around 5.10am on Tuesday morning.
Signposts were ripped out of the ground in the crash, which occurred on a quiet suburban street.
The blue station wagon had damage on the bonnet and a flat front tire, and its license plates had been removed.
A red plastic gas canister could be seen on the backseat of the vehicle, with lighters and other phone chargers visible in the front centre console.
It is not yet known if the car was stolen.
Sergeant Rick Nield said police were now trying to get in touch with the owner of the car, which had been at the scene for some time before police arrived.
Anybody with information about the car or the incident is asked to contact the Ballarat Police Station, or Crime Stoppers on 1800 333 000.