Balmoral
Suburb profile, market snapshot and recent listings for Balmoral, QLD 4171.
About Balmoral
Welcome to Balmoral
Balmoral sits on the northern bank of the Brisbane River in the city's inner east, about five kilometres from the CBD by road or ferry. Tucked between the well-known river suburbs of Bulimba, Hawthorne and Teneriffe, it trades on many of the same drawcards — leafy streets, riverside parkland and easy access to the city — while remaining a smaller, quieter address in its own right.
With a population of just over 4,100 and a median age of 37, Balmoral has the feel of an established family enclave rather than a transient rental market. It suits buyers who want the polish and river lifestyle of the Bulimba–Hawthorne pocket but are prepared to pay for a house on their own block, in a suburb that has quietly built a reputation as one of Brisbane's more tightly held addresses.
Lifestyle & dining
Balmoral's own commercial strip is modest, but that's part of the appeal — residents borrow the cafes, restaurants and bars of neighbouring Bulimba and Hawthorne, both an easy walk or short drive away along Oxford Street and Riding Road. Balmoral Cemetery and the riverside reserves give the suburb a quieter, more residential character than its bustling neighbours, and the pace here tends to suit people who want proximity to the action without living in the middle of it.
Parks & recreation
The Brisbane River is the suburb's biggest asset, with riverside parkland and walking and cycling paths linking through to Bulimba and Hawthorne. Balmoral's elevated pockets also offer views back over the river and city skyline, a drawcard for many of the suburb's larger homes. Local sporting fields and the broader network of parks in Hawthorne and Bulimba are all within easy reach for families and dog walkers alike.
Schools & families
Balmoral State High School anchors the suburb's education offering and is a drawcard in its own right for families looking to buy in the catchment. The surrounding suburbs of Morningside, Hawthorne and Bulimba add further options for primary schooling, and the area's demographic mix — a median age of 37 — points to a strong base of established families and professionals rather than a heavily student- or investor-driven market.
Getting around
Balmoral benefits from being wedged between several transport options rather than relying on just one. Bulimba's CityCat terminal is close by for a scenic river commute into the CBD, while bus routes along Oxford Street and Wynnum Road connect through Hawthorne and Morningside. Drivers have straightforward access into the city via Lytton Road, and the suburb's position relative to Bulimba, Teneriffe and the Gateway network makes it a practical base for those working across the inner east or the wider Brisbane area.
Housing & architecture
Character homes dominate the streetscape, with traditional Queenslanders and post-war houses sitting alongside a smaller number of newer builds and townhouses. Current listings reflect this house-heavy market, with houses making up 74% of stock, townhouses 9% and apartments or units 17% — a mix that skews firmly toward standalone homes compared with many neighbouring river suburbs where unit development has been more prevalent.
The property market
Balmoral's median house price sits at $1.50 million, with units and apartments considerably more affordable at a median of $840,000. House values have risen 6.0% recently, underlining the suburb's status as a sought-after, low-supply pocket of the inner east. Median rent of $830 a week points to solid demand from tenants as well as buyers, and with houses accounting for the large majority of listings, competition for the suburb's limited stock of standalone homes tends to be firm, particularly from families drawn by the Balmoral State High School catchment and the river lifestyle shared with Bulimba, Hawthorne and Teneriffe.
Market snapshot
Balmoral property market
Median sale price
$1.50m
House · 3 bed
Median rent
$830
per week
Gross rental yield
2.9%
annual rent ÷ sale price
Typical price range
Entry
$940k
Median
$1.50m
Premium
$2.05m
Days on market
25
Auction clearance
65%
Sold this year
34
Median sold price trend · House 3 bed
Compound growth +10.1% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Balmoral by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Balmoral, QLD 4171.
Population
4,173
residents (2021)
Median age
37
years
Household income
$2,671
median, per week
Median rent
$450
per week
Median mortgage
$2,729
per month
Mortgage / income
24%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Balmoral
Government school catchment
Recent results
Recently sold in Balmoral
$1.30m
2/85 Bilyana Street
Sold ~July 2026
$5.15m
64 Victoria Street
Sold ~July 2026
$920k
5/254 Riding Road
Sold ~July 2026
$2.30m
262 Oxford Street
Sold ~July 2026
$2.85m
133 Fifth Avenue
Sold ~June 2026
$2.38m
118 Fifth Avenue
Sold ~June 2026
$5.50m
23 Dilkera Street
Sold ~June 2026
$1.60m
8 Yonga Street
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Balmoral
Compare the area
Price map around Balmoral
Every listing for sale near Balmoral, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
Quick switch to nearby areas
Common questions
Balmoral suburb FAQ
What is the median property price in Balmoral?
The median house price in Balmoral, QLD is $1.50m for a 3-bedroom home. Over the past year, median sold prices have risen about 6.0%.
How much is rent in Balmoral?
The median weekly rent in Balmoral is around $830 per week.
Is Balmoral a good place to live?
Balmoral is a suburb in the City of Brisbane, Queensland, Australia. Balmoral is an established residential suburb in QLD, with a population of around 4,173 and 1 school in the area.
What is the population of Balmoral?
Balmoral has a population of 4,173 (ABS 2021 Census), with a median age of 37.
What schools are in Balmoral?
There is 1 school in or near Balmoral, including Balmoral State High School.
How long do homes take to sell in Balmoral?
Properties in Balmoral take around 25 days to sell on average, with an auction clearance rate of about 65%.
How much do you need to buy in Balmoral?
Entry-level properties in Balmoral start around $940k, while premium homes reach $2.05m.
What suburbs are near Balmoral?
Suburbs near Balmoral include Hawthorne, Bulimba, Teneriffe, Morningside and Farm.
Fresh to market
New this week in Balmoral
Elevated 607sqm Post War Home with Infinite Potential in a Blue-Chip Location
Contemporary family luxury on Fifth Avenue
Available now