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All About Balmoral, Brisbane, QLD, 4171

Balmoral, a suburb in Brisbane, Queensland, is known for its vibrant housing market, characterized by a blend of modern architectural designs and classic Queenslander homes. Situated just a few kilometers from Brisbane’s central business district, Balmoral offers convenient urban living with a suburban vibe. The housing market here has seen consistent interest, driven by its proximity to the city, as well as the charming character of the neighborhood. The leafy streets are lined with beautifully maintained homes that often boast generous lot sizes, attracting families, young professionals, and investors alike. Properties in Balmoral tend to hold their value well, supported by the suburb’s desirable location and amenities. With its efficient transport links, including public transport and major roadways, Balmoral ensures easy accessibility to the rest of Brisbane, further elevating its appeal in the housing market.

Living in Balmoral provides residents with a harmonious balance between tranquil suburban life and the hustle and bustle of Brisbane's city center. The suburb is known for its community spirit, enhancing its family-friendly reputation. Popular local amenities include a variety of cafes, restaurants, and boutique shops that contribute to the area's lively atmosphere. Schools in the vicinity are highly regarded, making it an attractive destination for families seeking quality education options for their children. The nearby Brisbane River provides beautiful landscapes and recreational opportunities, including walking and cycling tracks that promote an active lifestyle. Balmoral also hosts several parks and green spaces, allowing residents to enjoy outdoor activities and relaxation. This blend of convenience, community, and lifestyle makes Balmoral a sought-after suburb for those wishing to enjoy the best of both suburban peace and urban access.

Household Makeup

Median Weekly Rent $410.00
Median Monthly Mortgage $2170.67
Median Persons Per bed houseroom 0.80
Average Household Size 2.00
Average Age 36.33
Average Income $1297.67
Average Cars Per Dwelling 1.45
Average Properties Within 50M 27
Typical 1 bed house$1,220,000
Typical 2 bed house$771,000
Typical 3 bed house$1,419,000
Typical 4 bed house$2,060,000
Typical 5 bed house$2,610,000
Typical 6 bed+ house$1,998,000

Housing Stock

Local Internet Speeds

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Balmoral Real Estate Market Outlook

Thinking about buying in Balmoral? Now could not be a better time, with 2635 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,484,000 with prices in this suburb ranging from $273,000 to $10,851,000. Balmoral is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Balmoral driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Balmoral due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Balmoral provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Balmoral to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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.

Instant Property Valuation

Local Schools

Sts Peter and Paul's School

Balmoral State High School

Bulimba State School

Morningside State School

Lourdes Hill College

Cannon Hill Anglican College

Norman Park State School

Cannon Hill State School

St Oliver Plunkett School

New Farm State School

(While the above schools are located with the suburb of Balmoral there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Balmoral weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.612.430.323.387.64.526.8
Feb0.612.829.228.088.84.422.5
Mar111.025.535.592.63.917.5
Apr1.18.421.243.695.03.212.6
May1.66.516.658.997.33.19.0
Jun1.84.513.668.998.43.07.6
Jul2.44.413.068.698.13.37.7
Aug2.14.314.161.598.03.410.7
Sept1.35.516.852.997.03.515.2
Oct1.17.120.645.195.23.820.2
Nov0.98.823.736.894.93.923.4
Dec1.210.727.327.991.04.227.2

source: Australian Government Bureau of Meteorology




General Points of Interest


Nearby Suburbs

MorningsideHawthorneBulimbaHamiltonTeneriffeNewsteadNew FarmNorman ParkSeven HillsAscot

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