Balmoral vs Bulimba
Balmoral (median $1,880,000) is roughly 3% cheaper to buy into than Bulimba ($1,937,500).
Buying in Balmoral or Bulimba?
Selling in Balmoral? The free selling guide
Balmoral and Bulimba side by side
| Measure | Balmoral | Bulimba |
|---|---|---|
| Price and market | ||
| Median house | $1,880,000 | $1,937,500 |
| Median unit | $710,000 | $817,500 |
| Renting | ||
| House rent | $900/wk | $900/wk |
| Unit rent | $660/wk | $750/wk |
| Owner occupied | – | 61.0% |
| Renter occupied | – | 37.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1112 | 1111 |
| Lifestyle and people | ||
| Walk score | 100 | 100 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | – | 7,623 |
| Median age | – | 40 |
| Climate | ||
| Annual rainfall | 1007 mm | 1007 mm |
| Mean max, January | 30.0°C | 30.0°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
On school quality, the average ICSEA across schools serving Balmoral (1112) sits above Bulimba (1111).
- For buyers
- Balmoral is the lower entry point at $1,880,000 median, 3% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Balmoral offers the higher gross rental yield (2.49% vs 2.42%), favouring cash-flow investors.
- For families
- Balmoral edges out on average school ICSEA (1112 vs 1111).
Balmoral vs Bulimba: common questions
Is Balmoral or Bulimba cheaper to buy in?
Balmoral has the lower median house price at $1,880,000, roughly 3% below Bulimba ($1,937,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Balmoral or Bulimba have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Balmoral scores 1112 vs 1111 in Bulimba. 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 suburb has higher rental yield, Balmoral or Bulimba?
Gross rental yield on houses is 2.49% in Balmoral vs 2.42% in Bulimba. 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.
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The two suburbs
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