Hover over Tap a data point to see when it was last updated.

Median values are calculated based on data over a 12 month period.

Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.
About this data  

Market Report

Balga has 287 houses available for sale. The median property price for a house is currently 430,000 with annual capital growth of 16.22 . There were 368 house sales in the past 12 months. On average, houses spend 11 days on market.

If you're thinking about buying an investment property in Balga, consider that rental yields for houses are currently 6.70 with an average median rent of 510 weekly. Houses have seen 7.50 growth in the past quarter, and 16.22 growth in the past 12 months.

The size of Balga is approximately 5.2 square kilometres. It has 38 parks covering nearly 14.5% of total area. The population of Balga in 2011 was 10,701 people. By 2016 the population was 12,698 showing a population growth of 18.7% in the area during that time. The predominant age group in Balga is 20-29 years.

Households in Balga are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balga work in a trades occupation. In 2011, 49.5% of the homes in Balga were owner-occupied compared with 50.6% in 2016.

Balga has 254 units available for sale. The median property price for a unit is currently 405,000 with annual capital growth of 15.71 . There were 185 unit sales in the past 12 months. On average, units spend 9 days on market.

If you're thinking about buying an investment property in Balga, consider that rental yields for units are currently 7.03 with an average median rent of 500 weekly. Units have seen 6.02 growth in the past quarter, and 15.71 growth in the past 12 months.

The size of Balga is approximately 5.2 square kilometres. It has 38 parks covering nearly 14.5% of total area. The population of Balga in 2011 was 10,701 people. By 2016 the population was 12,698 showing a population growth of 18.7% in the area during that time. The predominant age group in Balga is 20-29 years.

Households in Balga are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balga work in a trades occupation. In 2011, 49.5% of the homes in Balga were owner-occupied compared with 50.6% in 2016.

$suburbContentType.expertReport

Looking to invest or refinance? Compare investor loans or SMSF loans

Key Market Data House Unit
Median price 430,000 405,000
Quarterly growth +7.50 +6.02
12-month growth +16.22 +15.71
Average annual growth +6.76 +6.54
Weekly median rent 510 500
Gross rental yield 6.70 7.03
Number of Sales (12m) 368 185
Avg. Days on Market (12m) 11 9
Jump to Market Trends
Key Demographics 2011 2016
Total population 10,701 12,698
Population change (5y) +26.00 +18.70
Median household income (p/w) 935 1,158
Household income change (5y) +44.96 +23.85
Median age of persons 32 32
Jump to Demographics Trends
Advertisement

Get notified when our data is updated.

By subscribing you agree to our privacy policy.

Disclaimers

This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode.

The CoreLogic Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

Information contained within this product includes or is derived from the location information data licensed from Western Australian Land Information Authority (WALIA) (2024) trading as Landgate. Copyright in the location information data remains with WALIA. WALIA does not warrant the accuracy or completeness of the location information data or its suitability for any particular purpose.

This publication reproduces materials and content owned or licenced by RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and may include data, statistics, estimates, indices, photographs, maps, tools, calculators (including their outputs), commentary, reports and other information (CoreLogic Data).

© Copyright 2024. CoreLogic and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) the CoreLogic Data contained in this publication. All rights reserved.

Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/aboutus/thirdpartyrestrictions

Suburb borders rendered using geocodes provided by Openstreetmap.

OpenCorp Icon
Investing in property?
Get help from a Property Investment Specialist
SMSF Icon
Need help with an SMSF home loan?
Speak to an SMSF lending specialist