Side by sideSuburb comparison

Wangi Wangi vs Balmoral.

Comparing two suburbs with median house prices of $900,000 and $802,500.

Balmoral (median $802,500) is roughly 12% cheaper to buy into than Wangi Wangi ($900,000). Over the past year, Wangi Wangi (-2.7%) ran 1.2 percentage points ahead of Balmoral (-3.9%) on house-price growth.

The takeWhich suburb suits which buyer

For buyers

Balmoral is the lower entry point at $802,500 median, 12% 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: Balmoral delivers the better gross yield (4.28% vs 3.81%), but Wangi Wangi 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

School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.

Common questionsWangi Wangi vs Balmoral

Common questions

Is Wangi Wangi or Balmoral cheaper to buy in?

Balmoral has the lower median house price at $802,500, roughly 12% below Wangi Wangi ($900,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Wangi Wangi or Balmoral?

Over the past 12 months, Wangi Wangi grew -2.7% vs -3.9% in Balmoral, a gap of 1.2 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.

Which suburb has higher rental yield, Wangi Wangi or Balmoral?

Gross rental yield on houses is 4.28% in Balmoral vs 3.81% in Wangi Wangi. 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

Wangi Wangi
Metric
Balmoral

Price & Market

$900,000
Median house
$802,500
$290,160
Median unit
$277,200
-2.7%
Annual growth (house)
-3.9%
Days on market

Rental

$660/wk
Rent (house / wk)
$660/wk
Rent (unit / wk)
$520/wk
75.0%
Owner occupied
21.0%
Renter occupied

Lifestyle & Demographics

0
Walk score
0
0
Transit score
0
20
Bike score
30
2,920
Population
54
Median age

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
986
Avg ICSEA
986

Climate

1143 mm
Annual rainfall
1143 mm
24.7°C
Mean max (Jan)
24.7°C

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