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Balaklava
SA, 5461 - Wakefield

Thinking about buying in Balaklava? Now could not be a better time, with 1588 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $306,000 with prices in this suburb ranging from $40,000 to $2,309,000. The aproximate distance to the coast is 18 Km.

Household Makeup

Median Weekly Rent $228.00
Median Monthly Mortgage $980.50
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 47.50
Average Income $617.25
Average Cars Per Dwelling 1.80
Average Properties Within 50M 7

Housing Stock

Average Property Prices

1 Bed  $138,000
2 Bed  $221,000
3 Bed  $332,000
4 Bed  $431,000
5 Bed  $486,000
6 Bed+$418,000

Balaklava Real Estate Market Outlook

In Balaklava there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Balaklava is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Balaklava leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Balaklava necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Balaklava we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Balaklava a better buying opportunity than it may have been in the past.

Houses for sale Balaklava

Century 21 4-8 YORSDALE ST, BALAKLAVA, SA, 5461 Beds Bathrooms Parking 10 P.O.A.

Local Schools

Horizon Christian School

Balaklava High School

Balaklava Primary School

(While the above schools are located with the suburb of Balaklava there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Balaklava weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.815.330.923.374.53.127.6
Feb1.114.929.527.377.72.923.8
Mar0.812.526.330.983.92.719.1
Apr1.59.722.338.086.82.515.0
May2.06.716.951.894.22.510.9
Jun1.74.013.757.396.42.49.5
Jul2.14.113.260.497.02.99.4
Aug2.04.114.154.196.02.911.9
Sept2.06.217.846.394.13.216.9
Oct1.48.321.635.990.03.122.2
Nov110.225.127.387.03.125.1
Dec1.213.328.624.779.53.328.1

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

DalkeySaintsHoskin CornerErithErithWatchmanWhitwartaHalburyKalloraBowmans


General Points of Interest

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