Thinking about buying in Balmoral? Now could not be a better time, with just 321 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $815,000 with prices in this suburb ranging from $160,000 to $2,752,000. Balmoral is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Balmoral Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Balmoral 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. The slightly lower than average earnings from occupations in Balmoral changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Balmoral 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 Balmoral a better buying opportunity than it may have been in the past.

Houses for sale Balmoral

80 CLYDEBANK RD, BALMORAL, NSW, 2283

5

2

2

773000

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Recently Sold Properties / House Prices

10-04-2024	$830,000	3 OAKWOOD RD
13-02-2024	$890,000	35 HASTINGS RD
05-02-2024	$905,000	8 KINGSLAND AVE
24-01-2024	$780,000	9 WOODLANDS AVE
10-01-2024	$770,000	86 CLYDEBANK RD
18-12-2023	$676,000	31 CLYDEBANK RD
12-12-2023	$480,000	29 WOODLANDS AVE
30-11-2023	$650,000	4 KINGSLAND AVE
04-08-2023	$860,000	5 CHELSEA CL
29-05-2023	$375,000	4 NEWHAVEN CL
28-02-2023	$985,000	5 LETCHWORTH PDE
17-02-2023	$620,000	35 OAKWOOD RD
05-12-2022	$1,148,000	4 FRED AVERY DR
18-11-2022	$660,000	15 WOODLANDS AVE
04-10-2022	$655,000	84 CLYDEBANK RD
26-09-2022	$374,000	7 LETCHWORTH PDE
06-09-2022	$651,500	1 KINGSLAND AVE
31-08-2022	$775,000	81 LETCHWORTH PDE
11-08-2022	$780,000	5 WOODLANDS AVE
11-07-2022	$565,000	86 CLYDEBANK RD
07-06-2022	$795,000	49 HASTINGS RD
21-04-2022	$1,400,000	55 LETCHWORTH PDE
21-03-2022	$745,000	24 KINGSLAND AVE
03-03-2022	$832,000	35 CLYDEBANK RD
25-02-2022	$850,000	19 WOODLANDS AVE
25-02-2022	$970,000	26 HASTINGS RD
25-02-2022	$850,000	19 WOODLANDS AVE
25-02-2022	$970,000	26 HASTINGS RD
10-02-2022	$375,000	4 NEWHAVEN CL
03-02-2022	$775,000	10 HASTINGS RD
28-01-2022	$671,000	82 CLYDEBANK RD
30-11-2021	$651,000	87 LETCHWORTH PDE
06-09-2021	$180,930	7 NEWHAVEN CL
26-08-2021	$827,000	37 LETCHWORTH PDE
10-08-2021	$670,000	28 HASTINGS RD
02-07-2021	$390,000	4 KINGSLAND AVE
17-05-2021	$665,000	17 WOODLANDS AVE
19-03-2021	$365,000	86 CLYDEBANK RD
17-03-2021	$668,000	13 KINGSLAND AVE
15-01-2021	$470,000	43 CLYDEBANK RD
14-12-2020	$580,000	33 CLYDEBANK RD
30-11-2020	$670,000	12 WOODLANDS AVE
13-11-2020	$720,000	69 LETCHWORTH PDE
06-10-2020	$530,000	24 KINGSLAND AVE
30-09-2020	$200,000	38 HASTINGS RD
30-09-2020	$550,000	11 OAKWOOD RD
29-09-2020	$1,150,000	26 LETCHWORTH PDE
27-08-2020	$1,300,000	4 LETCHWORTH PDE
24-04-2020	$480,000	6 NEWHAVEN CL
06-04-2020	$507,500	13 WOODLANDS AVE

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Public Transport

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General Points of Interest

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