Balmoral · Suburb / Locality

Housing & Dwellings in Balmoral

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

Typical monthly mortgage payments in Balmoral are well above the national figure, with a gap of $866. This is a high-cost housing area where residents face significantly higher home loan and rental prices than most other places in the state.

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📍 Balmoral, Suburb / Locality

Where Balmoral sits — Median rent (weekly)

$450 ▲ +16.0%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Balmoral — higher than 88% 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.

Typical monthly mortgage payments are among the highest at this level, reaching $2,729. Renters also pay more than usual, with the typical weekly rent of $450 sitting a little above the Queensland figure.

$450 ▲ +16.0%

Higher than 88% of suburb / locality areas.

  • 2011: $388
  • 2016: $425
  • 2021: $450

Median weekly rent paid by households renting their home.

$2,729 ▲ +9.2%

Higher than 90% of suburb / locality areas.

  • 2011: $2,500
  • 2016: $2,400
  • 2021: $2,729

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 (18%) and $200–$349 (12%).

Monthly mortgage distribution

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In Balmoral, the largest group is $3,000 or more at 46%, followed by $1,800–$2,999 (27%) and $1,000–$1,799 (18%).

Owning & renting

How homes are owned or rented.

Renting is much more common here than in most areas, accounting for 35.5% of households. Conversely, the share of homes owned outright is well below the national figure of 31%.

35.5% ▼ -5.8%

Higher than 86% of suburb / locality areas.

  • 2011: 37.7%
  • 2016: 36.6%
  • 2021: 35.5%

Share of occupied private dwellings that are rented.

24.0% ▲ +2.6%

Lower than 87% of suburb / locality areas.

  • 2011: 23.4%
  • 2016: 24.8%
  • 2021: 24.0%

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

How homes are owned or rented

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Balmoral splits fairly evenly between Owned with a mortgage (39%) and Rented (35%), with Owned outright at 24%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses are far less common in Balmoral than across Queensland, making up 60.8% of homes. This is consistent with a lower share of homes having three or more bedrooms compared to the state average.

0.80 ▼ -27.3%

Lower than 57% of suburb / locality areas.

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

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

60.8% ▼ -11.4%

Lower than 89% of suburb / locality areas.

  • 2011: 68.6%
  • 2016: 63.2%
  • 2021: 60.8%

Share of occupied private dwellings that are separate houses.

71.1% ▲ +2.3%

Lower than 71% of suburb / locality areas.

  • 2011: 69.5%
  • 2016: 70.0%
  • 2021: 71.1%

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 61%; Flat or apartment is next at 23%.

Bedrooms per home

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In Balmoral, the largest group is 3 bedrooms at 36%, 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/sal/SAL30132/balmoral/topic/housing-dwellings