Balmoral Suburb ProfileVictoria 3407
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Balmoral has 255 properties. Over the last 5 years, Houses in Balmoral have seen a 59.25% increase in median value. As at 30 November 2024:
- The median value for Houses in Balmoral is $164,267 while the median value for Units is $343,325.
The size of Balmoral is approximately 242.8 square kilometres. It has 3 parks covering nearly 6.6% of total area. The population of Balmoral in 2011 was 330 people. By 2016 the population was 305 showing a population decline of 7.6% in the area during that time. The predominant age group in Balmoral is 50-59 years. Households in Balmoral are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Balmoral work in a managers occupation. In 2011, 74.6% of the homes in Balmoral were owner-occupied compared with 86.7% in 2016..
Market Insights
Balmoral Trends for Houses
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Balmoral Trends for Units
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Neighbourhood Insights
Age
Population 305
0-9
8%
10-19
11%
20-29
5%
30-39
8%
40-49
15%
50-59
21%
60-69
16%
70-79
16%
80-89
3%
90-99
1%
Household Structure
Occupancy
Recent Sales in BALMORAL 3407
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Last Updated: 23/12/2024
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