Balaclava is a small locality in New South Wales within the Wingecarribee local government area (postcode 2575). The area has roughly 574 residents and 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. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Scottish.
Balaclava has a median house price of $1.2 million, which has surged by 39.4% year-on-year. Units have a median price of $332,000. The current median weekly rent is $650. This gives a gross rental yield of approximately 2.8%. 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 1,552 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.8%, which reads as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 11.5x is considered stretched. House prices have moved +39.4% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.