$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.
Balmoral · Suburb / Locality
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.
All suburb / locality areas, 2021. The marker is Balmoral — higher than 88% of areas.
| Balmoral | $450 |
|---|---|
| 4171, QLD | $470 |
| Queensland | $365 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$2,729 ▲ +9.2%
Higher than 90% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Balmoral, the largest group is $350–$549 at 50%, followed by $550–$749 (18%) and $200–$349 (12%).
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%).
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.
Share of occupied private dwellings that are rented.
24.0% ▲ +2.6%
Lower than 87% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Balmoral splits fairly evenly between Owned with a mortgage (39%) and Rented (35%), with Owned outright at 24%.
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.
Average number of usual residents per bedroom — a crowding measure.
60.8% ▼ -11.4%
Lower than 89% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
71.1% ▲ +2.3%
Lower than 71% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Balmoral, Separate house is the majority at 61%; Flat or apartment is next at 23%.
In Balmoral, the largest group is 3 bedrooms at 36%, 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/sal/SAL30132/balmoral/topic/housing-dwellings