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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.
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Market Report

Balga has 283 houses available for sale. The median property price for a house is currently 420,000 with annual capital growth of 13.51 . There were 359 house sales in the past 12 months. On average, houses spend 13 days on market.

If you're thinking about buying an investment property in Balga, consider that rental yields for houses are currently 6.72 with an average median rent of 500 weekly. Houses have seen 6.33 growth in the past quarter, and 13.51 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 261 units available for sale. The median property price for a unit is currently 400,000 with annual capital growth of 14.29 . There were 174 unit sales in the past 12 months. On average, units spend 10 days on market.

If you're thinking about buying an investment property in Balga, consider that rental yields for units are currently 7.17 with an average median rent of 500 weekly. Units have seen 5.26 growth in the past quarter, and 14.29 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.

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Key Market Data House Unit
Median price 420,000 400,000
Quarterly growth +6.33 +5.26
12-month growth +13.51 +14.29
Average annual growth +6.26 +6.53
Weekly median rent 500 500
Gross rental yield 6.72 7.17
Number of Sales (12m) 359 174
Avg. Days on Market (12m) 13 10
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
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