Balmoral, NSW

OVERVALUED

1,795 sales · 36 years of data · NSW, Australia

$802,500
Median (All)
$802,500
Median (Houses)
$769,000
Median (Apartments)
5.5%
10yr CAGR
3.1%
36yr CAGR
8.7%
Strata %
36 years of data · 1,795 sales analysed · 2,500+ suburbs · Updated weekly

Balmoral, NSW Property Market Overview

Balmoral, a sought-after suburb in New South Wales, Australia, boasts a vibrant property market with a rich history. Located within the Sydney metropolitan area, Balmoral offers a mix of residential dwellings, with a current median property price of $802,500 across all property types. Data spanning 36 years reveals a total of 1,795 recorded sales, painting a picture of consistent market activity.

Balmoral's appeal lies in its blend of established housing and convenient location. The suburb presents a diverse range of properties, from houses to apartments, catering to a broad spectrum of buyers. With a substantial dataset, AusPropertyInsights.app provides a comprehensive analysis of the Balmoral property landscape.

Currently overvalued
Relative to the long-term price trend line
$500K invested 10yr ago → $854,072
Based on the 10-year compound annual growth rate of 5.5%
Predominantly houses9% apartments
91% of sales are houses and other non-strata properties
Loading chart...

Property Mix

91%
Houses 91%$802,500Apartments 9%$769,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Balmoral

Street Rankings

Top streets in Balmoral, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Letchworth PdeHouse5$800,000

... and 62 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Woodlands AveHouse3$1,046/m²
2Clydebank RdHouse3$1,077/m²
3Letchworth PdeHouse5$1,078/m²
4Oakwood RdHouse4$1,043/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Woodlands AveHouse+7.7%
2Letchworth PdeHouse+5.4%
3Clydebank RdHouse+7.6%
4Hastings RdHouse+6.9%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

34
apartment buildings analysed

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

49
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

9%
apartments across 34 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

Unlock the full Balmoral analysis

66 streets and 34 buildings to explore

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3 street rankings
All 66 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
34 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 1,795 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Balmoral at a Glance

Region
North Shore
CBD Distance
12km north-east of Sydney CBD
Train Station
Mosman Bay Wharf (F6 Mosman Bay ferry)
Council
Mosman Municipal Council
Property Character
Established residential with low to medium density development
Community
Affluent families and established professionals

Balmoral, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Balmoral, NSW

Living in Balmoral offers a blend of suburban tranquility and convenient access to amenities. The suburb is known for its leafy streets and proximity to beautiful parks, including Balmoral Oval and the surrounding reserves. These green spaces provide opportunities for recreation and relaxation.

Families are drawn to Balmoral due to its reputable schools, such as Mosman High School and Balmoral Beach Kindergarten. The suburb also benefits from its proximity to shopping centres like Bridgepoint Shopping Centre in nearby Mosman, offering a range of retail and dining options. While Balmoral itself doesn't have a train station, bus services connect residents to nearby transport hubs. The suburb fosters a strong sense of community, with local events and activities adding to its charm.

Balmoral's vibrant atmosphere and convenient location make it an appealing place to call home. Its mix of residential dwellings, coupled with access to essential amenities, contributes to the overall quality of life for its residents.


Who Buys in Balmoral?

The buyer profile in Balmoral is diverse, reflecting the suburb's mix of property types and lifestyle offerings. The presence of apartments, as indicated by the 8.7% strata percentage, suggests that the suburb attracts a range of buyers, including young professionals and downsizers seeking low-maintenance living. The current median property price of $802,500 indicates that Balmoral is generally attractive to affluent buyers.

Families are also drawn to Balmoral due to its schools and parks. The historical CAGR figures suggest that Balmoral has been a desirable location for long-term investment. This combination of factors creates a varied buyer profile, contributing to the dynamics of the Balmoral property market.

Market Analysis

Analysing Balmoral's current market position reveals it to be above its long-term trend, indicating that the suburb is currently in overvalued territory. This cycle position suggests that property prices in Balmoral are elevated compared to their historical averages.

Understanding this cycle position is crucial for anyone looking at the Balmoral property market. While the suburb has demonstrated strong growth over the long term, its current placement suggests that prices may be subject to adjustments in the future. AusPropertyInsights.app offers deeper insights into the factors driving this market behaviour.


Is Balmoral a Good Investment?

Analysing Balmoral's growth patterns reveals a consistent upward trend in property values. The suburb's 10-year CAGR of 5.5% and 20-year CAGR of 3.9% demonstrate its long-term growth potential. These figures, combined with the full-period CAGR of 3.1%, highlight the suburb's historical performance. These growth rates suggest consistent demand and desirability.

Currently, the Balmoral property market is above its long-term trend, indicating that it is in overvalued territory. Factors contributing to Balmoral's property values include its location, lifestyle amenities, and proximity to schools and transport. The suburb's appeal to a diverse range of buyers further supports its property values. AusPropertyInsights.app provides in-depth analysis of these factors, offering valuable insights into the drivers of the Balmoral property market. The data suggests that Balmoral has delivered strong growth over the long term, but potential buyers should be aware of the current market cycle position.


Balmoral Market Outlook

As of early 2026, the Balmoral property market is currently above its long-term trend, suggesting that it is in overvalued territory. Recent price trends indicate that the market has been experiencing elevated values. The market conditions in Balmoral are subject to various economic factors and shifts in buyer sentiment. AusPropertyInsights.app provides ongoing analysis of these factors to keep you informed about the latest developments in the Balmoral property market.

Understanding the current market conditions is crucial for making informed decisions about property in Balmoral. The suburb's long-term growth potential remains strong, but buyers and sellers should be aware of the prevailing market dynamics as of early 2026.

Streets & Location in Balmoral, NSW

Located in postcode 2088, Balmoral features a variety of streets, with a total of 66 individual streets contributing to the suburb's character. One of the top streets in Balmoral, based on median property price, is Letchworth Pde. These streets offer a diverse range of housing options and contribute to the overall desirability of the area.

Balmoral's location contributes to its appeal, offering residents convenient access to amenities and transport links. The suburb's position within the broader Sydney area makes it an attractive option for those seeking a balance between suburban living and urban convenience.

Market Dynamics

Market transactions in Balmoral demonstrate efficient settlement timeframes, with properties typically settling in an average of 49 days. This indicates a relatively fluid market where sales progress smoothly. The suburb's transaction patterns reflect a consistent level of interest from buyers.

While data on quick-flips is currently unavailable, the average settlement time provides insight into the general pace of the Balmoral property market. These dynamics, combined with historical sales data, contribute to a comprehensive understanding of the suburb's real estate landscape.

Development & Density

Balmoral features a mix of housing types, with a total of 34 apartment buildings contributing to the suburb's development density. The presence of these apartment buildings, combined with traditional housing, creates a diverse residential environment. The strata percentage of 8.7% provides an indication of apartment ownership within the suburb.

Understanding the development density and housing composition is essential for analysing the Balmoral property market. This data helps to identify trends and potential growth areas within the suburb, offering valuable insights for both buyers and sellers.

Growth & Property Mix

Balmoral's historical growth rates provide valuable context for understanding its property market. Over the past 10 years, the suburb has experienced a Compound Annual Growth Rate (CAGR) of 5.5%. Looking further back, the 20-year CAGR stands at 3.9%, while the full-period CAGR, encompassing the entire 36-year dataset, is 3.1%. This demonstrates consistent growth over time.

The property mix in Balmoral consists of both houses and apartments, with apartments representing 8.7% of the market based on strata titles. This combination of property types contributes to the overall dynamics of the Balmoral real estate market.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Balmoral, NSW

What is the median property price in Balmoral?
The current median property price in Balmoral is $802,500 across all property types. For houses, the median price is also $802,500, while for apartments, the median price is $769,000. These figures provide a snapshot of the current property values in the suburb.
Is Balmoral overvalued or undervalued?
Based on our analysis, Balmoral is currently above its long-term trend. This indicates that the suburb is presently in overvalued territory. Our premium data provides a more detailed analysis of the trend deviation percentage.
How has the Balmoral property market performed over 10 years?
The Balmoral property market has demonstrated strong performance over the past 10 years, with a Compound Annual Growth Rate (CAGR) of 5.5%. This figure indicates the average annual growth rate of property values in Balmoral over that period. It showcases the suburb's desirability and sustained growth.
What percentage of Balmoral is apartments vs houses?
Apartments represent 8.7% of the property market in Balmoral, as indicated by the strata percentage. This suggests that the majority of properties in Balmoral are houses. The mix of property types contributes to the suburb's overall character and appeal.
Where is Balmoral in the property cycle?
Currently, Balmoral is positioned above its long-term trend. This indicates that the suburb is in overvalued territory. A deeper analysis, available to premium subscribers, reveals the specific trend deviation percentage and contributing factors.
What schools are near Balmoral?
Balmoral is located near several reputable schools, including Mosman High School and Beauty Point Public School. These schools cater to a range of students and contribute to the suburb's appeal to families. There is also Balmoral Beach Kindergarten for early childhood education.
What is Balmoral like to live in?
Balmoral offers a relaxed and affluent lifestyle with beautiful beaches and parks. The suburb is known for its stunning views and family-friendly atmosphere. Residents enjoy a strong sense of community and convenient access to amenities in nearby Mosman.
Is Balmoral good for families?
Yes, Balmoral is generally considered a good suburb for families. It boasts reputable schools, beautiful parks like Balmoral Beach, and a safe environment. The mix of housing options, including houses and apartments, caters to different family needs.
How far is Balmoral from Sydney CBD?
Balmoral is located approximately 12 kilometers north-east of the Sydney CBD. This proximity allows residents to easily access the city's amenities while enjoying a more relaxed suburban lifestyle. Commuting is possible by car, bus or ferry.
What transport options are in Balmoral?
While Balmoral doesn't have a train station, bus services connect residents to nearby transport hubs like Neutral Bay and Mosman. The F6 Mosman Bay ferry provides a scenic route to Circular Quay. Major roads like Military Road offer convenient access to other parts of Sydney.
How does Balmoral compare to nearby suburbs?
Compared to nearby suburbs like Mosman and Cremorne, Balmoral offers a similar level of affluence and desirability. Median property prices are generally comparable, with Balmoral often offering slightly larger blocks of land. All three suburbs have demonstrated strong growth over the long term.
Is Balmoral a good first home buyer suburb?
Given the current median property price of $802,500, Balmoral may be challenging for many first home buyers. While apartments are available, they still command a relatively high price point. First home buyers may need to consider alternative suburbs with lower entry prices, but Balmoral's long-term growth potential is appealing.
What are the best streets in Balmoral?
Based on median property prices, one of the top streets in Balmoral is Letchworth Pde. These streets often feature desirable locations, larger blocks of land, and premium housing. AusPropertyInsights.app offers access to a full list of streets ranked by median price.
How many properties have been sold in Balmoral?
Over the past 36 years, a total of 1,795 properties have been sold in Balmoral. This extensive sales history provides a robust dataset for analysing market trends and property values. The total sales figure demonstrates consistent demand and activity in the Balmoral property market.
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