Side by sideSuburb comparison

Balmoral Village vs Bargo.

Comparing two suburbs with median house prices of $1,460,000 and $1,005,000. Bargo edges out on more headline metrics in this comparison.

Bargo (median $1,005,000) is roughly 45% cheaper to buy into than Balmoral Village ($1,460,000). Over the past year, Bargo (-2.9%) ran 19.2 percentage points ahead of Balmoral Village (-22.1%) on house-price growth.

On school quality, the average ICSEA across schools serving Balmoral Village (963) sits above Bargo (962).

The takeWhich suburb suits which buyer

For buyers

Bargo is the lower entry point at $1,005,000 median, 45% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Bargo carries both higher gross yield (3.52% vs 2.81%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Balmoral Village edges out on average school ICSEA (963 vs 962).

Common questionsBalmoral Village vs Bargo

Common questions

Is Balmoral Village or Bargo cheaper to buy in?

Bargo has the lower median house price at $1,005,000, roughly 45% below Balmoral Village ($1,460,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Balmoral Village or Bargo?

Over the past 12 months, Bargo grew -2.9% vs -22.1% in Balmoral Village, a gap of 19.2 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 Balmoral Village or Bargo have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Balmoral Village scores 963 vs 962 in Bargo. 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 Village or Bargo?

Gross rental yield on houses is 3.52% in Bargo vs 2.81% in Balmoral Village. 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

Balmoral Village
Metric
Bargo

Price & Market

$1,460,000
Median house
$1,005,000
$380,160
Median unit
$343,440
-22.1%
Annual growth (house)
-2.9%
Days on market

Rental

$790/wk
Rent (house / wk)
$680/wk
Rent (unit / wk)
Owner occupied
77.0%
Renter occupied
17.0%

Lifestyle & Demographics

0
Walk score
0
0
Transit score
0
0
Bike score
0
Population
4,516
Median age
41

Risk & Hazard

Flood class
Bushfire risk

Schools

5
Schools nearby
5
963
Avg ICSEA
962

Climate

Annual rainfall
Mean max (Jan)

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).