Balaclava is a small community in New South Wales within the Wingecarribee local government area (postcode 2575). With a population of 574, the suburb has an established demographic with a median age of 40. Households earn a median income of $105K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Balaclava is $950,000, having grown strongly 9.8% over the past year. Units have a median price of $550,000. The current median weekly rent is $650. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,000.
Public transport access includes 1 rail station, 9 bus stops. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Balaclava offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($950K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.0x is considered moderate. House prices have moved +9.8% year-on-year.
Balaclava is a small community in New South Wales within the Wingecarribee local government area (postcode 2575). With a population of 574, the suburb has an established demographic with a median age of 40. Households earn a median income of $105K per year, with an average household size of 2.9 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Balaclava is $950,000, having grown strongly 9.8% over the past year. Units have a median price of $550,000. The current median weekly rent is $650. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $2,000.
Public transport access includes 1 rail station, 9 bus stops. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Balaclava offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($950K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.0x is considered moderate. House prices have moved +9.8% year-on-year.