Balmoral vs Kilaben Bay.
Comparing two suburbs with median house prices of $802,500 and $1,051,250.
Balmoral (median $802,500) is roughly 24% cheaper to buy into than Kilaben Bay ($1,051,250). Over the past year, Kilaben Bay (+12.7%) ran 16.6 percentage points ahead of Balmoral (-3.9%) on house-price growth.
For buyers
Balmoral is the lower entry point at $802,500 median, 24% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Balmoral delivers the better gross yield (4.28% vs 3.26%), but Kilaben Bay has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Common questions
Is Balmoral or Kilaben Bay cheaper to buy in?
Balmoral has the lower median house price at $802,500, roughly 24% below Kilaben Bay ($1,051,250). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Balmoral or Kilaben Bay?
Over the past 12 months, Kilaben Bay grew +12.7% vs -3.9% in Balmoral, a gap of 16.6 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.
Which suburb has higher rental yield, Balmoral or Kilaben Bay?
Gross rental yield on houses is 4.28% in Balmoral vs 3.26% in Kilaben Bay. 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).
Compare Balmoral against another suburb