Balmoral vs Toronto
Toronto (median $786,000) is roughly 2% cheaper to buy into than Balmoral ($802,500). Over the past year, Toronto (+1.4%) ran 5.3 percentage points ahead of Balmoral (-3.9%) on house-price growth.
Buying in Balmoral or Toronto?
Selling in Balmoral? The free selling guide
Balmoral and Toronto side by side
| Measure | Balmoral | Toronto |
|---|---|---|
| Price and market | ||
| Median house | $802,500 | $786,000 |
| Median unit | $277,200 | $277,200 |
| House price change, 12 months | -3.9% | +1.4% |
| Renting | ||
| House rent | $660/wk | $660/wk |
| Unit rent | $520/wk | $520/wk |
| Owner occupied | – | 61.0% |
| Renter occupied | – | 35.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 986 | 986 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 30 | 100 |
| Population | – | 5,973 |
| Median age | – | 50 |
| Climate | ||
| Annual rainfall | 1115 mm | 1092 mm |
| Mean max, January | 27.9°C | 28.3°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
- For buyers
- Toronto is the lower entry point at $786,000 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Toronto carries both higher gross yield (4.37% vs 4.28%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
- 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.
Balmoral vs Toronto: common questions
Is Balmoral or Toronto cheaper to buy in?
Toronto has the lower median house price at $786,000, roughly 2% below Balmoral ($802,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Balmoral or Toronto?
Over the past 12 months, Toronto grew +1.4% vs -3.9% in Balmoral, a gap of 5.3 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 Toronto?
Gross rental yield on houses is 4.37% in Toronto vs 4.28% in Balmoral. 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.
Keep comparing
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