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Balgal Beach suburb profile

Balgal Beach is a serene coastal suburb located approximately 60km north of Townsville in Queensland. Known for its tranquil atmosphere and stunning beachfront, it offers a peaceful retreat for residents and visitors alike. The suburb is popular for its fishing spots, picnic areas, and the picturesque Rollingstone Creek. Balgal Beach provides a laid-back lifestyle with a strong sense of community, making it ideal for families and retirees seeking a quiet coastal haven. Its natural beauty and relaxed vibe make Balgal Beach a charming destination for those looking to escape the hustle and bustle of city life.

Balgal Beach property market performance

Balgal Beach’s property market has shown notable growth in house values over the past 12 months, with a significant increase of 15.1%. However, the median house price remains at $0, indicating a lack of recent sales data to establish a current median. The unit market has seen no change in value, with no units sold in the past year.

Sales activity for houses has been limited, with only 8 houses sold over the last 12 months. Houses are selling relatively quickly, with a median of 21 days on the market, suggesting strong demand despite the limited sales volume.

The rental market for houses in Balgal Beach has experienced a 10% increase in average rent over the last 12 months, reaching $495. The unit rental market remains inactive, with no data available for unit rentals.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
15.0%N/A
Sold
Past 3 months
7N/A
Median days on market
Past 12 months
21N/A
Average rent
Past 12 months
$500N/A
Change in rent
Past 12 months
11.1%N/A

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Balgal Beach demographics

Balgal Beach, located in Queensland, is a serene coastal suburb known for its tranquil lifestyle and picturesque surroundings. With a population of just 998, it offers a close-knit community atmosphere, making it an ideal location for those seeking a peaceful retreat away from the hustle and bustle of city life. The median age of 58 indicates a mature population, with many residents likely enjoying retirement or a slower pace of life by the beach.

The suburb's housing landscape is characterized by a high rate of outright home ownership, with 50.6% of properties owned outright. This suggests a stable community with long-term residents who have settled into the area. Additionally, 31.9% of homes are owned with a mortgage, while only 17.5% are rented, highlighting the suburb's appeal to those looking for permanent residence rather than transient living arrangements.

Family structures in Balgal Beach are predominantly couple families without children, making up 69.3% of the family demographic. This is reflective of the suburb's appeal to older couples and retirees. Meanwhile, couple families with children account for 17%, and one-parent families make up 11.5%, indicating a smaller presence of younger families. The median total household income of $936 per week aligns with the suburb's demographic profile, suggesting a modest yet comfortable lifestyle for its residents.

Suburbs near Balgal Beach

Some popular suburbs near Balgal Beach include:

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