Side by sideSuburb comparison

Bargo vs Balmoral Village.

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

Bargo (median $1,005,000) is roughly 31% 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, 31% 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 questionsBargo vs Balmoral Village

Common questions

Is Bargo or Balmoral Village cheaper to buy in?

Bargo has the lower median house price at $1,005,000, roughly 31% 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, Bargo or Balmoral Village?

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 Bargo or Balmoral Village 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, Bargo or Balmoral Village?

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

Bargo
Metric
Balmoral Village

Price & Market

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

Rental

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

Lifestyle & Demographics

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

Risk & Hazard

Flood class
Bushfire risk

Schools

5
Schools nearby
5
962
Avg ICSEA
963

Climate

Annual rainfall
Mean max (Jan)

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