Traralgon-Balook Road

Balook VIC 3971

The size of Balook is approximately 37.3 square kilometres. It has 3 parks covering nearly 78.9% of total area. The population of Balook in 2006 was 590 people. By 2011 the population was 477 showing a population decline of 19.2% in the area during that time. The predominant age group in Balook is 50-59 years. Households in Balook are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Balook work in a managers occupation. In 2006, 87.8% of the homes in Balook were owner-occupied compared with 87% in 2011..

Balook has 19 properties. Over the last 5 years, Houses in Balook have seen a 125.47% increase in median value, while Units have seen a 284.90% increase. As at 31 October 2024:

• The median value for Houses in Balook is $429,656 while the median value for Units is $288,286.