Thinking about buying in Balmoral? Now could not be a better time, with just 284 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,159,000 with prices in this suburb ranging from $174,000 to $2,653,000. The aproximate distance to the coast is 34 Km.
Median Weekly Rent | $415.00 |
Median Monthly Mortgage | $2167.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 42.00 |
Average Income | $939.00 |
Average Cars Per Dwelling | 2.50 |
Average Properties Within 50M | 3 |
3 Bed  $1,295,000 |
4 Bed  $1,362,000 |
5 Bed  $715,000 |
6 Bed+$2,653,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Balmoral is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Balmoral 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Balmoral the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
1 VICTORIA ST, BALMORAL, NSW, 2571 | 3 | 2 | 2 | $2,000,000 TO $2,100,000 |
None within suburb boundary
(While the above schools are located with the suburb of Balmoral there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.0 | 17.5 | 30.8 | 40.9 | 93.0 | 2.2 | 22.0 |
Feb | 2.2 | 16.7 | 28.9 | 44.1 | 93.4 | 2.1 | 18.9 |
Mar | 3.9 | 15.7 | 26.8 | 49.5 | 95.9 | 1.9 | 14.9 |
Apr | 1.3 | 11.4 | 24.5 | 44.7 | 94.6 | 1.8 | 14.1 |
May | 1.2 | 7.2 | 21.1 | 42.9 | 94.5 | 1.8 | 11.3 |
Jun | 2.6 | 5.6 | 17.9 | 51.0 | 95.0 | 1.8 | 9.4 |
Jul | 0.9 | 3.9 | 18.0 | 41.3 | 94.5 | 1.8 | 10.6 |
Aug | 1.3 | 4.5 | 19.5 | 34.0 | 91.3 | 2.1 | 13.4 |
Sept | 1.0 | 7.3 | 22.8 | 32.7 | 92.5 | 2.2 | 17.6 |
Oct | 1.4 | 10.6 | 25.0 | 36.4 | 92.3 | 2.3 | 20.5 |
Nov | 2.8 | 13.3 | 27.2 | 39.1 | 94.0 | 2.2 | 23.4 |
Dec | 1.9 | 15.6 | 29.2 | 38.6 | 92.8 | 2.2 | 22.6 |
source: Australian Government Bureau of Meteorology
06-11-2024 | $850,000 | 58 RAILWAY PDE |
02-09-2024 | $412,500 | 14 LEMON ST |
05-07-2024 | $1,950,000 | 210 RAILWAY PDE |
11-06-2024 | $472,500 | 2 KINGFISHER LANE |
24-05-2024 | $2,200,000 | 24 KINGFISHER LANE |
02-04-2024 | $1,540,000 | 580 WILSON DR |
28-03-2024 | $1,800,000 | 36 KINGFISHER LANE |
15-12-2023 | $1,130,000 | 4 STATION ST |
06-11-2023 | $970,000 | 65 RAILWAY PDE |
08-08-2023 | $797,000 | 6 TRURO PL |
08-08-2023 | $1,661,280 | 288 WILSON DR |
08-08-2023 | $797,000 | 6 TRURO PL |
08-08-2023 | $1,661,280 | 288 WILSON DR |
13-07-2023 | $995,000 | 400 WILSON DR |
16-05-2023 | $860,000 | 2 VICTORIA ST |
11-04-2023 | $990,000 | 49 STATION ST |
31-03-2023 | $905,000 | 31 RAILWAY PDE |
20-01-2023 | $1,550,000 | 4 PARKLANDS GLD |
29-11-2022 | $1,280,000 | 3 HALL RD |
03-11-2022 | $550,000 | 63 RAILWAY PDE |
27-10-2022 | $350,000 | 412 WILSON DR |
31-08-2022 | $1,320,000 | 111 RAILWAY PDE |
18-03-2022 | $700,000 | 10 KINGFISHER LANE |
11-03-2022 | $810,000 | 58 RAILWAY PDE |
01-03-2022 | $1,613,000 | 8 STATION ST |
21-01-2022 | $290,000 | 16 KINGFISHER LANE |
16-12-2021 | $590,000 | 41 RAILWAY PDE |
30-11-2021 | $920,000 | 50 RAILWAY PDE |
12-11-2021 | $1,500,000 | 508 WILSON DR |
15-10-2021 | $855,000 | 57 RAILWAY PDE |
14-10-2021 | $1,040,000 | 504 WILSON DR |
24-09-2021 | $910,000 | 18 LEMON ST |
21-07-2021 | $1,725,000 | 363 RAILWAY PDE |
24-05-2021 | $650,000 | 3 EMILY ST |
21-05-2021 | $575,000 | 760 WILSON DR |
20-05-2021 | $1,210,000 | 307 SEABROOK RD |
12-05-2021 | $405,000 | 63 RAILWAY PDE |
19-04-2021 | $295,000 | 412 WILSON DR |
24-03-2021 | $550,000 | 249 RAILWAY PDE |
12-02-2021 | $795,000 | 1 STATION ST |
12-02-2021 | $880,000 | 36 KINGFISHER LANE |
12-02-2021 | $795,000 | 1 STATION ST |
12-02-2021 | $880,000 | 36 KINGFISHER LANE |
03-12-2020 | $625,000 | 6 HALL RD |
07-08-2020 | $840,000 | 6 PARKLANDS GLD |
30-07-2020 | $820,000 | 562 WILSON DR |
04-06-2020 | $580,000 | 95 RAILWAY PDE |
03-04-2020 | $550,000 | 13 BOLANS RD |
23-01-2020 | $370,000 | 2 TRURO PL |
28-11-2019 | $875,000 | 616 WILSON DR |
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