Balmoral Ridge · Suburb / Locality

Housing & Dwellings in Balmoral Ridge

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

More than half of the homes in Balmoral Ridge are owned outright, a figure far above the national average. This creates a distinct housing profile where a large majority of residents own their detached houses, though those with mortgages face high repayments. It is a place dominated by large, spacious family homes.

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📍 Balmoral Ridge, Suburb / Locality

Where Balmoral Ridge sits — Median rent (weekly)

$375 ▲ +7.1%
  • $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 Ridge — higher than 77% of areas.

Median rent (weekly) compared with the state and national average
Balmoral Ridge$375
4552, QLD $370
Queensland $365
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments are $2,275, which is well above the Queensland figure of $1,733. Weekly rents are also much higher than in most similar areas, sitting at $375.

$375 ▲ +7.1%

Higher than 77% of suburb / locality areas.

  • 2011: $350
  • 2016: $380
  • 2021: $375

Median weekly rent paid by households renting their home.

$2,275 ▲ +26.4%

Higher than 85% of suburb / locality areas.

  • 2011: $1,800
  • 2016: $2,178
  • 2021: $2,275

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Balmoral Ridge, $350–$549 is the majority at 67%; $200–$349 is next at 33%.

Monthly mortgage distribution

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In Balmoral Ridge, the largest group is $3,000 or more at 45%, followed by $1,800–$2,999 (36%) and Under $1,000 (18%).

Owning & renting

How homes are owned or rented.

Home ownership is very high here, with 55.1% of homes owned outright, far above the 31% national average. This explains why the proportion of households renting is far below the Australian figure, at just 15.9%.

15.9% ▼ -24.5%

Lower than 53% of suburb / locality areas.

  • 2011: 21.1%
  • 2016: 20.9%
  • 2021: 15.9%

Share of occupied private dwellings that are rented.

55.1% ▲ +16.4%

Higher than 85% of suburb / locality areas.

  • 2011: 47.4%
  • 2016: 54.5%
  • 2021: 55.1%

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

How homes are owned or rented

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In Balmoral Ridge, Owned outright is the majority at 54%; Owned with a mortgage is next at 30%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Detached houses make up 98.1% of all homes, which is far above the national figure of 72.3%. Most of these are large, with 83.2% having three or more bedrooms, meaning there are fewer people per bedroom than in most other areas.

0.70 ▼ -30.0%

Lower than 86% of suburb / locality areas.

  • 2011: 1.00
  • 2016: 0.70
  • 2021: 0.70

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

98.1% ▲ +8.6%

Higher than 57% of suburb / locality areas.

  • 2011: 90.4%
  • 2016: 96.4%
  • 2021: 98.1%

Share of occupied private dwellings that are separate houses.

83.2% ▲ +6.5%

Higher than 60% of suburb / locality areas.

  • 2011: 78.1%
  • 2016: 75.5%
  • 2021: 83.2%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Balmoral Ridge, Separate house is the majority at 100%.

Bedrooms per home

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In Balmoral Ridge, the largest group is 3 bedrooms at 43%, followed by 4 bedrooms (36%) and 2 bedrooms (13%).

Sources

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

More for Balmoral Ridge

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Balmoral Ridge [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL30133/balmoral-ridge/topic/housing-dwellings