Balaclava vs Welby.
Comparing two suburbs with median house prices of $1,001,250 and $929,500. Welby edges out on more headline metrics in this comparison.
Welby (median $929,500) is roughly 8% cheaper to buy into than Balaclava ($1,001,250). Over the past year, Welby (+22.3%) ran 7.2 percentage points ahead of Balaclava (+15.1%) on house-price growth.
Welby scores higher on walkability (0/100 vs 16/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Welby (1043) sits above Balaclava (1037).
For buyers
Welby is the lower entry point at $929,500 median, 8% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Welby carries both higher gross yield (2.41% vs 2.23%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Welby edges out on average school ICSEA (1043 vs 1037).
Common questions
Is Balaclava or Welby cheaper to buy in?
Welby has the lower median house price at $929,500, roughly 8% below Balaclava ($1,001,250). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Balaclava or Welby?
Over the past 12 months, Welby grew +22.3% vs +15.1% in Balaclava, a gap of 7.2 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Balaclava or Welby have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Welby scores 1043 vs 1037 in Balaclava. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Balaclava or Welby?
Welby scores 16/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Balaclava or Welby?
Gross rental yield on houses is 2.41% in Welby vs 2.23% in Balaclava. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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