Balook Suburb ProfileVictoria 3971
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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 30 June 2024:
- The median value for Houses in Balook is $541,118 while the median value for Units is $257,100.
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..
Market Insights
Balook Trends for Houses
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Balook Trends for Units
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Neighbourhood Insights
Age
Population 477
0-9
11%
10-19
14%
20-29
5%
30-39
8%
40-49
15%
50-59
20%
60-69
16%
70-79
8%
80-89
3%
90-99
1%
Household Structure
Occupancy
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Last Updated: 30/07/2024
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