Mittagong vs Balaclava
Balaclava (median $1,001,250) is roughly 10% cheaper to buy into than Mittagong ($1,110,000). Over the past year, Mittagong (+16.8%) ran 1.7 percentage points ahead of Balaclava (+15.1%) on house-price growth.
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Mittagong and Balaclava side by side
| Measure | Mittagong | Balaclava |
|---|---|---|
| Price and market | ||
| Median house | $1,110,000 | $1,001,250 |
| Median unit | $684,750 | $343,440 |
| House price change, 12 months | +16.8% | +15.1% |
| Renting | ||
| House rent | $750/wk | $750/wk |
| Owner occupied | 68.0% | 76.0% |
| Renter occupied | 27.0% | 22.0% |
| Schools | ||
| Schools nearby | 15 | 16 |
| Average ICSEA | 1043 | 1037 |
| Lifestyle and people | ||
| Walk score | 92 | 0 |
| Transit score | 40 | 0 |
| Bike score | 5 | 5 |
| Population | 6,090 | 574 |
| Median age | 49 | 40 |
| Climate | ||
| Annual rainfall | 852 mm | 852 mm |
| Mean max, January | 25.9°C | 25.9°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
Mittagong scores higher on walkability (92/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Mittagong (1043) sits above Balaclava (1037).
- For buyers
- Balaclava is the lower entry point at $1,001,250 median, 10% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Balaclava delivers the better gross yield (3.90% vs 3.51%), but Mittagong has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Mittagong edges out on average school ICSEA (1043 vs 1037). Balaclava also has a higher family-household share (76% vs 65%), so the catchment community skews family-heavy.
Mittagong vs Balaclava: common questions
Is Mittagong or Balaclava cheaper to buy in?
Balaclava has the lower median house price at $1,001,250, roughly 10% below Mittagong ($1,110,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Mittagong or Balaclava?
Over the past 12 months, Mittagong grew +16.8% vs +15.1% in Balaclava, a gap of 1.7 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 Mittagong or Balaclava have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Mittagong scores 1043 vs 1037 in Balaclava. 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 is more walkable, Mittagong or Balaclava?
Mittagong scores 92/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Mittagong or Balaclava?
Gross rental yield on houses is 3.90% in Balaclava vs 3.51% in Mittagong. 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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