$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.
Balmoral · Statistical Area 2 (SA2)
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.
All statistical area 2 (sa2) areas, 2021. The marker is Balmoral — higher than 80% of areas.
| Balmoral | $450 |
|---|---|
| 4171, QLD | $470 |
| Queensland | $365 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$2,708 ▲ +8.3%
Higher than 91% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Balmoral, the largest group is $350–$549 at 50%, followed by $550–$749 (19%) and $200–$349 (14%).
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%).
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.
Share of occupied private dwellings that are rented.
23.0% ▼ -1.7%
Lower than 77% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Balmoral, the largest group is Owned with a mortgage at 40%, followed by Rented (35%) and Owned outright (23%).
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.
Average number of usual residents per bedroom — a crowding measure.
61.8% ▼ -9.9%
Lower than 78% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
70.4% ▲ +1.3%
Lower than 72% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Balmoral, Separate house is the majority at 62%; Flat or apartment is next at 23%.
In Balmoral, the largest group is 3 bedrooms at 35%, followed by 2 bedrooms (24%) and 4 bedrooms (23%).
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