Balldale, a small rural community within the Greater Hume Shire in New South Wales, offers a unique perspective on the Australian housing market, especially when compared to urban centers. The housing market in Balldale is characterized by relatively affordable property prices and a variety of home styles, ranging from classic country homesteads to more modern builds. The area's rural nature means that most properties come with significant land, offering opportunities for farming, gardening, or simply enjoying open space, which is a rare luxury in more urbanized regions. The market tends to attract buyers looking for a quiet and sustainable rural lifestyle, who appreciate the slower pace of life and the potential for self-sufficiency. Recent trends have seen a mild increase in interest, potentially driven by remote working possibilities and the desire for more spacious living environments post-pandemic.
Living in Balldale is marked by a strong sense of community, where neighbors know each other and there is a reliance on local networks for social and economic interactions. The lifestyle here is relaxed and closely tied to the land, offering a peaceful retreat from the hustle and bustle of city life. Residents enjoy the natural beauty of the surrounding landscapes, with plenty of opportunities for outdoor activities like hiking, fishing, and exploring. Despite its rural setting, Balldale is within reasonable driving distance of larger towns where one can access more extensive services, shopping, and entertainment. The community is well-served by essential amenities, and while it may lack the extensive facilities of urban areas, the trade-off is a simpler, more serene way of life that appeals to families, retirees, and anyone looking to escape the city rush.
| Median Weekly Rent | $166.50 |
| Median Monthly Mortgage | $1018.50 |
| Median Persons Per bed houseroom | 0.70 |
| Average Household Size | 2.50 |
| Average Age | 40.50 |
| Average Income | $808.00 |
| Average Cars Per Dwelling | 2.50 |
| Average Properties Within 50M | 3 |
| Typical 1 bed house | $1,503,000 |
| Typical 2 bed house | $221,000 |
| Typical 3 bed house | $1,165,000 |
| Typical 4 bed house | $688,000 |
Housing Stock
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Thinking about buying in Balldale? Now could not be a better time, with just 174 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,431,000 with prices in this suburb ranging from $178,000 to $3,392,000. The aproximate distance to the coast is 249 Km.
In Balldale 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 Balldale 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 Balldale 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Balldale the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Balldale there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.2 | 14.5 | 33.6 | 20.1 | 80.1 | 3.1 | 26.9 |
| Feb | 2.0 | 14.2 | 31.4 | 28.4 | 87.4 | 2.7 | 23.4 |
| Mar | 1.7 | 11.3 | 27.6 | 34.1 | 91.5 | 2.4 | 18.5 |
| Apr | 1.2 | 7.1 | 23.0 | 42 | 95.4 | 1.9 | 14.4 |
| May | 1.4 | 3.5 | 17.4 | 55.9 | 98.5 | 2.0 | 9.9 |
| Jun | 1.3 | 1.9 | 14.1 | 66.7 | 98.8 | 1.8 | 8.5 |
| Jul | 1.6 | 1.6 | 13.1 | 69.2 | 99.2 | 2.4 | 8.4 |
| Aug | 1.6 | 2.0 | 14.3 | 61.6 | 98.8 | 2.4 | 11.3 |
| Sept | 1.4 | 3.4 | 17.9 | 52.7 | 98.1 | 2.6 | 16.2 |
| Oct | 1.9 | 5.6 | 22.0 | 42.6 | 97.2 | 2.7 | 21.3 |
| Nov | 1.2 | 8.5 | 27.3 | 28.3 | 93.8 | 3.1 | 25.1 |
| Dec | 1.5 | 11.5 | 30.4 | 22.5 | 87.3 | 3.2 | 27.5 |
source: Australian Government Bureau of Meteorology
| 02-02-2024 | $4,300,000 | 500 Mossdale Road |
| 30-01-2023 | $165,000 | 18 Walbundrie Road |
| 08-09-2022 | $700,000 | 1656 Hopefield Road |
| 01-10-2021 | $592,500 | 485 Carroll Lane |
| 20-07-2021 | $160,000 | 9 Charles Street |
| 15-01-2021 | $500,000 | 1656 Hopefield Road |
| 10-02-2020 | $6,000 | 22 Kavanagh Street |
| 18-10-2018 | $150,000 | 11 Charles Street |
| 31-01-2018 | $1,875,000 | 385 Carroll Lane |
| 22-06-2017 | $110,000 | 9 Charles Street |
| 14-11-2016 | $160,000 | 21 Charles Street |
| 21-10-2016 | $130,000 | 1679 Brocklesby-Balldale Road |
| 01-09-2016 | $275,000 | 163 Strachans Road |
| 02-02-2015 | $527,500 | 310 Morebringer Lane |
| 26-02-2014 | $300,000 | 363 Morebringer Lane |
| 03-02-2014 | $1,203,326 | 790 Howlong-Balldale Road |
| 19-03-2012 | $380,000 | 308 Morebringer Road |
| 04-11-2011 | $55,000 | 20 Kavanagh Street |
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