Balmoral vs Bulimba.
Comparing two suburbs with median house prices of $1,880,000 and $1,937,500. Balmoral edges out on more headline metrics in this comparison.
Balmoral (median $1,880,000) is roughly 3% cheaper to buy into than Bulimba ($1,937,500).
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
Bulimba offers the higher gross rental yield (2.58% vs 2.49%), favouring cash-flow investors.
For families
Balmoral edges out on average school ICSEA (1112 vs 1111).
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 2.58% in Bulimba vs 2.49% 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.
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