Thinking about buying in Balaklava? Now could not be a better time, with 1588 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $306,000 with prices in this suburb ranging from $40,000 to $2,309,000. The aproximate distance to the coast is 18 Km.
Household Makeup
| Median Weekly Rent | $228.00 |
| Median Monthly Mortgage | $980.50 |
| Median Persons Per Bedroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 47.50 |
| Average Income | $617.25 |
| Average Cars Per Dwelling | 1.80 |
| Average Properties Within 50M | 7 |
Housing Stock
Average Property Prices
| 1 Bed $138,000 |
| 2 Bed $221,000 |
| 3 Bed $332,000 |
| 4 Bed $431,000 |
| 5 Bed $486,000 |
| 6 Bed+$418,000 |
Balaklava Real Estate Market Outlook
In Balaklava there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Balaklava is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Balaklava leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Balaklava necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Balaklava we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Balaklava a better buying opportunity than it may have been in the past.
Houses for sale Balaklava
|
22 CHARLES ST, BALAKLAVA, SA, 5461 |  4 |
 1 |
 3 |
$499,000 |
|
|
5 WEROCATA RD, BALAKLAVA, SA, 5461 | 3 |
1 |
4 |
$445,000 |
|
|
7 HONEYSUCKLE DR, BALAKLAVA, SA, 5461 | 4 |
2 |
4 |
Expressions of Interest USP |
|
|
16 RACECOURSE RD, BALAKLAVA, SA, 5461 | 4 |
3 |
6 |
|
|
|
40 WALLACE ST, BALAKLAVA, SA, 5461 | 4 |
2 |
4 |
|
|
|
30 HUMPHREY ST, BALAKLAVA, SA, 5461 | 6 |
3 |
7 |
Local Schools
Horizon Christian School
Balaklava High School
Balaklava Primary School
(While the above schools are located with the suburb of Balaklava there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Balaklava weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.8 | 15.3 | 30.9 | 23.3 | 74.5 | 3.1 | 27.6 |
| Feb | 1.1 | 14.9 | 29.5 | 27.3 | 77.7 | 2.9 | 23.8 |
| Mar | 0.8 | 12.5 | 26.3 | 30.9 | 83.9 | 2.7 | 19.1 |
| Apr | 1.5 | 9.7 | 22.3 | 38.0 | 86.8 | 2.5 | 15.0 |
| May | 2.0 | 6.7 | 16.9 | 51.8 | 94.2 | 2.5 | 10.9 |
| Jun | 1.7 | 4.0 | 13.7 | 57.3 | 96.4 | 2.4 | 9.5 |
| Jul | 2.1 | 4.1 | 13.2 | 60.4 | 97.0 | 2.9 | 9.4 |
| Aug | 2.0 | 4.1 | 14.1 | 54.1 | 96.0 | 2.9 | 11.9 |
| Sept | 2.0 | 6.2 | 17.8 | 46.3 | 94.1 | 3.2 | 16.9 |
| Oct | 1.4 | 8.3 | 21.6 | 35.9 | 90.0 | 3.1 | 22.2 |
| Nov | 1 | 10.2 | 25.1 | 27.3 | 87.0 | 3.1 | 25.1 |
| Dec | 1.2 | 13.3 | 28.6 | 24.7 | 79.5 | 3.3 | 28.1 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
General Points of Interest
Balaklava Golf Club - Less than 5 KM
Balaklava Racecourse - Less than 1 KM
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!