Suburb Profile Report for Balaklava SA (5461)

Balaklava House: Median price $238,250, Annual capital growth 4.42%, Number of sales 32, Weekly median advertised rent $210

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Balaklava, 5461 should be pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.81%

Over the longer term, Balaklava has seen property prices show investors a 25.56% return over the last 3 years. This is worse than over the last 12 months

On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.

Metrics i HOUSE UNIT
$238,250 N/A
22.81% N/A
22.81% N/A
4.42% N/A
$210 N/A
32 N/A
4.58% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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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
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