Thinking about buying in Ballidu? Now could not be a better time, with just 162 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $200,000 with prices in this suburb ranging from $86,000 to $502,000. The aproximate distance to the coast is 142 Km.

Ballidu Real Estate Market Outlook

In Ballidu there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Ballidu due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Ballidu leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Ballidu to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

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General Points of Interest

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