Question 1

Is Balgowan a nice place to live?

Accepted Answer

Balgowan is a small coastal township on Yorke Peninsula where shoreline recreation meets farming, with weatherboard cottages, holiday homes and a cluster of local services.

It is an older community of couples without children at home, and many households own their homes outright; there are 92 residents. Everyday life mixes fishing, boating and long coastal walks with cropping and grazing on the surrounding land, and a small cluster of local services and holiday accommodation supports the settlement. A playground upgrade by the Balgowan Progress Association is under way with support from a Thriving Regions Program grant.

Question 2

Is it expensive to live in Balgowan?

Accepted Answer

A typical local household in Balgowan earned about $860 a week at the most recent Census. There haven't been enough recent sales or rentals in Balgowan to publish reliable house or unit prices and rents, so it isn't possible to describe how expensive it is to live here compared with local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Balgowan a good place to invest?

Accepted Answer

There haven't been enough recent sales in Balgowan to publish reliable figures on how its house or unit prices and rents have moved, which is common in smaller or quieter markets. Without that information, there isn't a clear picture of how Balgowan has performed as an investment.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	SA
Median age years	60	41
Median household income weekly	$860	$1,455
Couples with children share of families	n/a	40.8%
Couples without children share of families	85.7%	41.0%
One-parent families share of families	14.3%	16.6%
Homes owned outright share of homes	78.4%	34.2%
Homes with a mortgage share of homes	21.6%	37.1%
Homes rented share of homes	n/a	28.7%

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