Suburb Profile Report for Balmoral NSW (2283)

Balmoral House: Median price $463,000, Annual capital growth 2.73%, Number of sales 11, Weekly median advertised rent $385

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Property value increases in Balmoral have tracked just lower than the NSW average of 9.05% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Balmoral has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Balmoral, 2283. Typically our figures indicate that -3.99% is being offered, which puts this NSW suburb at 3112th most discounted overall in Australia.

Often selling an investment property can take time, and in Balmoral the average time real estate has been on the market is 58.81 days.

Balmoral is 339th on a list of best yielding suburbs for rents in NSW with a 4.32% return

Metrics i HOUSE UNIT
$463,000 N/A
6.44% N/A
2.89% N/A
2.73% N/A
$385 N/A
11 N/A
4.32% N/A
58.81 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 733
Median household income ($/weekly) 1359
Median age of persons 38
Median housing loan repayment ($/monthly) 1600
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 95 13.0
    25-34 years 70 9.6
    35-44 years 102 14.0
    45-54 years 116 15.9
    55-64 years 109 14.9
    Others 238 32.6
    Age Group
    Census Count Percent(%)
    Registered Married 292 54.1
    Not Married 195 36.1
    Defacto Relationship 53 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 638 89.5
    Greece 8 1.1
    Philippines 4 0.6
    United Kingdom 28 3.9
    Other 8 1.1
    Others 27 3.8
    Country of Birth
    Census Count Percent(%)
    Christianity 524 77.3
    No Religion 149 22.0
    Buddhism 5 0.7
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 31 13.0
    $1,000-$1,249 20 8.4
    $1,250-$1,499 26 10.9
    $1,500-$1,999 35 14.6
    $2,000-$2,499 28 11.7
    Others 99 41.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 229 39.8
    Not in the labour force 198 34.4
    Employed, worked part-time 104 18.1
    Unemployed, looking for work 25 4.3
    Employed, away from work 20 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 58 16.4
    Technicians & trades workers 75 21.2
    Community & personal service workers 37 10.5
    Clerical & administrative workers 55 15.5
    Sales 41 11.6
    Others 88 24.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 62 39.7
    Secondary 51 32.7
    University or other Tertiary Institutions 16 10.3
    Technical or Further Educational Institution 14 9.0
    Pre-school 13 8.3
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 686 99.4
    Flat, unit or apartment 4 0.6
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 117 45.2
    Fully owned 97 37.5
    Rented 45 17.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals