Suburb Profile Report for Balaklava SA (5461)

Balaklava House: Median price $221,500, Annual capital growth 2.65%, Number of sales 35, Weekly median advertised rent $213

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

Source: CoreLogic

  • House Report

Balaklava is in the TOP 20% in SA when comparing median price capital growth over the last year. Balaklava gave property investors a very good capital gain figure when compared to the rest of the state, with 14.77%.

Across a shorter period, Balaklava, 5461 has seen a median price increase of 13.59% over the last quarter.

Balaklava5461 is located in SA which offers an average discount of -6.14% to property investors. Balaklava itself is showing figures that indicate -8.11% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $2556 per annum or $213 every week.

Metrics i HOUSE UNIT
$221,500 N/A
13.59% N/A
14.77% N/A
2.65% N/A
$213 N/A
35 N/A
5.00% N/A
136.7 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
Find a mortgage broker in Balaklava SA
Demographics
Total population 1828
Median household income ($/weekly) 807
Median age of persons 45
Median housing loan repayment ($/monthly) 1040
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 220 12.0
    35-44 years 203 11.1
    45-54 years 199 10.9
    55-64 years 258 14.1
    65-74 years 199 10.9
    Others 749 41.0
    Age Group
    Census Count Percent(%)
    Registered Married 684 51.8
    Not Married 539 40.8
    Defacto Relationship 97 7.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1601 91.0
    Papua New Guinea 17 1.0
    Philippines 14 0.8
    United Kingdom 80 4.5
    Other 17 1.0
    Others 30 1.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1246 74.7
    No Religion 412 24.7
    Buddhism 6 0.4
    Other Religious Groups 3 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 87 12.6
    $400-$599 125 18.1
    $600-$799 80 11.6
    $800-$999 68 9.8
    $1,000-$1,249 69 10.0
    Others 262 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 693 47.5
    Employed, worked full-time 417 28.6
    Employed, worked part-time 272 18.6
    Employed, away from work 53 3.6
    Unemployed, looking for work 24 1.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 101 13.6
    Professionals 87 11.8
    Technicians & trades workers 97 13.1
    Clerical & administrative workers 94 12.7
    Labourers 147 19.9
    Others 214 28.9
    Occupation
    Census Count Percent(%)
    Pre-school 18 5.3
    Infants/Primary 159 46.9
    Secondary 118 34.8
    Technical or Further Educational Institution 18 5.3
    University or other Tertiary Institutions 17 5.0
    Others 9 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1601 96.0
    Semi-detached, row or terrace house, townhouse 47 2.8
    Flat, unit or apartment 9 0.5
    Caravan, cabin, houseboat 7 0.4
    Improvised home, tent, sleepers out 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 303 41.9
    Being purchased 221 30.6
    Rented 182 25.2
    Other tenure type 17 2.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals