Balmoral is a smaller suburb in Queensland within the Brisbane local government area (postcode 4171). With a population of 4,173, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $139K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Balmoral is $1.9 million, having surged 16.4% over the past year. Units have a median price of $710,000 (+2.5% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,729.
Balmoral is served by 1 school, including 1 secondary. The average ICSEA score is 1047, which is around the national average of 1,000. Public transport access includes 17 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Balmoral offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.9M/$1.1M), placing it in the premium segment. The price-to-income ratio of 13.5x is considered stretched. House prices have moved +16.4% year-on-year.
Balmoral is a smaller suburb in Queensland within the Brisbane local government area (postcode 4171). With a population of 4,173, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $139K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Balmoral is $1.9 million, having surged 16.4% over the past year. Units have a median price of $710,000 (+2.5% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,729.
Balmoral is served by 1 school, including 1 secondary. The average ICSEA score is 1047, which is around the national average of 1,000. Public transport access includes 17 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Balmoral offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.9M/$1.1M), placing it in the premium segment. The price-to-income ratio of 13.5x is considered stretched. House prices have moved +16.4% year-on-year.