Balmoral · Statistical Area 2 (SA2)

Housing & Dwellings in Balmoral

Where and how people live — the homes, how they are held, and what they cost.

Typical monthly mortgage payments of $2,708 are among the highest for similar areas in Balmoral. This is a costly place to live, where both home loans and rents sit well above the national and state figures. The area has a high proportion of renters and a growing number of smaller home types.

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📍 Balmoral, Statistical Area 2 (SA2)

Where Balmoral sits — Median rent (weekly)

$450 ▲ +16.9%
  • $100–$121: 37 areas
  • $121–$143: 11 areas
  • $143–$164: 27 areas
  • $164–$186: 32 areas
  • $186–$207: 63 areas
  • $207–$229: 57 areas
  • $229–$250: 59 areas
  • $250–$271: 158 areas
  • $271–$293: 106 areas
  • $293–$314: 178 areas
  • $314–$336: 149 areas
  • $336–$357: 207 areas
  • $357–$379: 179 areas
  • $379–$400: 182 areas
  • $400–$421: 312 areas
  • $421–$443: 103 areas
  • $443–$464: 158 areas
  • $464–$486: 69 areas
  • $486–$507: 85 areas
  • $507–$529: 38 areas
  • $529–$550: 32 areas
  • $550–$571: 45 areas
  • $571–$593: 19 areas
  • $593–$614: 34 areas
  • $614–$636: 8 areas
  • $636–$657: 11 areas
  • $657–$679: 5 areas
  • $679–$700: 28 areas

All statistical area 2 (sa2) areas, 2021. The marker is Balmoral — higher than 80% of areas.

Median rent (weekly) compared with the state and national average
Balmoral$450
4171, QLD $470
Queensland $365
Australia $375

Housing costs

Rents, mortgages and crowding.

Monthly mortgage payments are well above the national figure, with the typical payment rising $208 since 2011 to reach $2,708. Rent is also much higher than most areas, with the usual weekly rent now $450.

$450 ▲ +16.9%

Higher than 80% of statistical area 2 (sa2) areas.

  • 2011: $385
  • 2016: $420
  • 2021: $450

Median weekly rent paid by households renting their home.

$2,708 ▲ +8.3%

Higher than 91% of statistical area 2 (sa2) areas.

  • 2011: $2,500
  • 2016: $2,400
  • 2021: $2,708

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Balmoral, the largest group is $350–$549 at 50%, followed by $550–$749 (19%) and $200–$349 (14%).

Monthly mortgage distribution

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In Balmoral, the largest group is $3,000 or more at 45%, followed by $1,800–$2,999 (28%) and $1,000–$1,799 (18%).

Owning & renting

How homes are owned or rented.

Renting is more common here than in most areas, at 34.8%. At the same time, the share of homes owned outright is well below the state and national figures, at 23.0%.

34.8% ▼ -7.6%

Higher than 70% of statistical area 2 (sa2) areas.

  • 2011: 37.7%
  • 2016: 36.7%
  • 2021: 34.8%

Share of occupied private dwellings that are rented.

23.0% ▼ -1.7%

Lower than 77% of statistical area 2 (sa2) areas.

  • 2011: 23.4%
  • 2016: 23.8%
  • 2021: 23.0%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Balmoral, the largest group is Owned with a mortgage at 40%, followed by Rented (35%) and Owned outright (23%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses are far less common here than in the rest of Queensland, making up 61.8% of homes. This is lower than most areas, with more residents living in flats or townhouses than is typical across the state.

0.80 ▼ -27.3%

Lower than 71% of statistical area 2 (sa2) areas.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

61.8% ▼ -9.9%

Lower than 78% of statistical area 2 (sa2) areas.

  • 2011: 68.6%
  • 2016: 63.7%
  • 2021: 61.8%

Share of occupied private dwellings that are separate houses.

70.4% ▲ +1.3%

Lower than 72% of statistical area 2 (sa2) areas.

  • 2011: 69.5%
  • 2016: 69.3%
  • 2021: 70.4%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Balmoral, Separate house is the majority at 62%; Flat or apartment is next at 23%.

Bedrooms per home

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In Balmoral, the largest group is 3 bedrooms at 35%, followed by 2 bedrooms (24%) and 4 bedrooms (23%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Balmoral

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Balmoral [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/305021113/balmoral/topic/housing-dwellings