$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.
Balmoral Ridge · Suburb / Locality
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.
All suburb / locality areas, 2021. The marker is Balmoral Ridge — higher than 77% of areas.
| Balmoral Ridge | $375 |
|---|---|
| 4552, QLD | $370 |
| Queensland | $365 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$2,275 ▲ +26.4%
Higher than 85% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Balmoral Ridge, $350–$549 is the majority at 67%; $200–$349 is next at 33%.
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%).
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.
Share of occupied private dwellings that are rented.
55.1% ▲ +16.4%
Higher than 85% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Balmoral Ridge, Owned outright is the majority at 54%; Owned with a mortgage is next at 30%.
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.
Average number of usual residents per bedroom — a crowding measure.
98.1% ▲ +8.6%
Higher than 57% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
83.2% ▲ +6.5%
Higher than 60% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Balmoral Ridge, Separate house is the majority at 100%.
In Balmoral Ridge, the largest group is 3 bedrooms at 43%, followed by 4 bedrooms (36%) and 2 bedrooms (13%).
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