All About Balmoral, Southern Grampians, VIC, 3407
Balmoral, nestled in the Southern Grampians region of Victoria, offers a quaint and peaceful lifestyle that appeals to those seeking a close-knit community and natural serenity. As of recent observations, the housing market in Balmoral is relatively modest compared to urban centers, making it an attractive option for buyers looking for affordable properties. The market consists primarily of traditional homes, often situated on generous plots of land, which adds to the rural charm of the area. The affordability and the slower pace of life appeal to retirees and families seeking a more relaxed and nature-oriented environment. While the local market doesn't experience the dramatic fluctuations seen in larger cities, it maintains a steady demand thanks to its appeal as a haven away from urban hustle.
Living in Balmoral is characterized by a strong sense of community and an abundance of natural beauty. Residents enjoy picturesque landscapes, including rolling hills and proximity to the Grampians National Park, providing ample opportunities for outdoor activities like hiking, fishing, and birdwatching. The town itself offers essential amenities, including shops, schools, and healthcare services, fostering a self-sufficient community spirit. Social gatherings and local events are common, contributing to a vibrant and engaging local culture. Overall, Balmoral provides a fulfilling lifestyle for those who value tranquility, community connection, and an appreciation for the great outdoors.
Household Makeup
| Median Weekly Rent | $100.00 |
| Median Monthly Mortgage | $650.00 |
| Median Persons Per bed houseroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 55.00 |
| Average Income | $624.00 |
| Average Cars Per Dwelling | 2.04 |
| Average Properties Within 50M | 7 |
| Typical 1 bed house | |
| Typical 2 bed house | |
| Typical 3 bed house | $411,000 |
| Typical 4 bed house | |
| Typical 6 bed+ house |
Housing Stock
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Balmoral Real Estate Market Outlook
Thinking about buying in Balmoral? Now could not be a better time, with just 304 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $412,000 with prices in this suburb ranging from $104,000 to $914,000. The aproximate distance to the coast is 104 Km.
Consistent high demand relative to supply is a key feature in Balmoral driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Balmoral due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Balmoral provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Balmoral to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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.
Instant Property ValuationHouses for sale Balmoral
|
98 Horsham Road, Balmoral, VIC, 3407 |  4 |
 1 |
 6 |
Priced to Sell $270,000 |
|
1790 Harrow-Balmoral Road, Balmoral, VIC, 3407 | |
|
$1,650,000 |
Local Schools
Balmoral K-12 Community College
(While the above schools are located with the suburb of Balmoral there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Balmoral 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 | 0.6 | 12.4 | 30.3 | 23.3 | 87.6 | 4.5 | 26.8 |
| Feb | 0.6 | 12.8 | 29.2 | 28.0 | 88.8 | 4.4 | 22.5 |
| Mar | 1 | 11.0 | 25.5 | 35.5 | 92.6 | 3.9 | 17.5 |
| Apr | 1.1 | 8.4 | 21.2 | 43.6 | 95.0 | 3.2 | 12.6 |
| May | 1.6 | 6.5 | 16.6 | 58.9 | 97.3 | 3.1 | 9.0 |
| Jun | 1.8 | 4.5 | 13.6 | 68.9 | 98.4 | 3.0 | 7.6 |
| Jul | 2.4 | 4.4 | 13.0 | 68.6 | 98.1 | 3.3 | 7.7 |
| Aug | 2.1 | 4.3 | 14.1 | 61.5 | 98.0 | 3.4 | 10.7 |
| Sept | 1.3 | 5.5 | 16.8 | 52.9 | 97.0 | 3.5 | 15.2 |
| Oct | 1.1 | 7.1 | 20.6 | 45.1 | 95.2 | 3.8 | 20.2 |
| Nov | 0.9 | 8.8 | 23.7 | 36.8 | 94.9 | 3.9 | 23.4 |
| Dec | 1.2 | 10.7 | 27.3 | 27.9 | 91.0 | 4.2 | 27.2 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Balmoral Golf Club - Less than 5 KM
Nearby Suburbs
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