Thinking about buying in Balmoral? Now could not be a better time, with just 284 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,159,000 with prices in this suburb ranging from $174,000 to $2,653,000. The aproximate distance to the coast is 34 Km.

Balmoral Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Balmoral 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 Balmoral 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 Balmoral 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.

Houses for sale Balmoral

1 victoria st, balmoral, nsw, 2571

3

2

2

$1,900,000 TO $2,000,000

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Recently Sold Properties / House Prices

06-11-2024	$850,000	58 RAILWAY PDE
02-09-2024	$412,500	14 LEMON ST
05-07-2024	$1,950,000	210 RAILWAY PDE
11-06-2024	$472,500	2 KINGFISHER LANE
24-05-2024	$2,200,000	24 KINGFISHER LANE
02-04-2024	$1,540,000	580 WILSON DR
28-03-2024	$1,800,000	36 KINGFISHER LANE
15-12-2023	$1,130,000	4 STATION ST
06-11-2023	$970,000	65 RAILWAY PDE
08-08-2023	$797,000	6 TRURO PL
08-08-2023	$1,661,280	288 WILSON DR
08-08-2023	$797,000	6 TRURO PL
08-08-2023	$1,661,280	288 WILSON DR
13-07-2023	$995,000	400 WILSON DR
16-05-2023	$860,000	2 VICTORIA ST
11-04-2023	$990,000	49 STATION ST
31-03-2023	$905,000	31 RAILWAY PDE
20-01-2023	$1,550,000	4 PARKLANDS GLD
29-11-2022	$1,280,000	3 HALL RD
03-11-2022	$550,000	63 RAILWAY PDE
27-10-2022	$350,000	412 WILSON DR
31-08-2022	$1,320,000	111 RAILWAY PDE
18-03-2022	$700,000	10 KINGFISHER LANE
11-03-2022	$810,000	58 RAILWAY PDE
01-03-2022	$1,613,000	8 STATION ST
21-01-2022	$290,000	16 KINGFISHER LANE
16-12-2021	$590,000	41 RAILWAY PDE
30-11-2021	$920,000	50 RAILWAY PDE
12-11-2021	$1,500,000	508 WILSON DR
15-10-2021	$855,000	57 RAILWAY PDE
14-10-2021	$1,040,000	504 WILSON DR
24-09-2021	$910,000	18 LEMON ST
21-07-2021	$1,725,000	363 RAILWAY PDE
24-05-2021	$650,000	3 EMILY ST
21-05-2021	$575,000	760 WILSON DR
20-05-2021	$1,210,000	307 SEABROOK RD
12-05-2021	$405,000	63 RAILWAY PDE
19-04-2021	$295,000	412 WILSON DR
24-03-2021	$550,000	249 RAILWAY PDE
12-02-2021	$795,000	1 STATION ST
12-02-2021	$880,000	36 KINGFISHER LANE
12-02-2021	$795,000	1 STATION ST
12-02-2021	$880,000	36 KINGFISHER LANE
03-12-2020	$625,000	6 HALL RD
07-08-2020	$840,000	6 PARKLANDS GLD
30-07-2020	$820,000	562 WILSON DR
04-06-2020	$580,000	95 RAILWAY PDE
03-04-2020	$550,000	13 BOLANS RD
23-01-2020	$370,000	2 TRURO PL
28-11-2019	$875,000	616 WILSON DR

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Internet Speed

Download 25 Mbps / Upload 5 Mbps

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Nearby Suburbs

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Public Transport

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General Points of Interest

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