Question 1

Is Balranald a nice place to live?

Accepted Answer

Balranald sits on the Murrumbidgee River with stands of river red gums and nearby wetlands. Life here is shaped by a modest main street of shops, pubs and services, active sporting clubs and community facilities, and a mix of housing from weatherboard cottages and brick homes in town to larger rural properties on the outskirts. The Sturt Highway provides the town’s main road link. The population is 1,240 with a median age of 47 and a typical household income of $1,197 a week (about $62,200 a year). Family life is dominated by couples, who make up 84.1% of families, and around seven in ten homes are owner-occupied (46.0% owned outright, 24.2% with a mortgage); 29.8% of dwellings are rented.

Council-led works have refreshed the Balranald Discovery Centre precinct, added key worker accommodation at the multipurpose service and put the Bidgee Haven aged care facility up for staged redevelopment, alongside planned upgrades to the aerodrome, Lions Park, the caravan park and sporting facilities. For people after a quieter, outdoors-oriented country lifestyle with local shops and community clubs and visible local investment, Balranald presents that option; whether it suits you depends on what you want from a town.

Question 2

Is it expensive to live in Balranald?

Accepted Answer

There haven't been enough recent sales or rentals in Balranald, NSW to publish reliable current house or unit prices and rents. Without those figures, it isn't possible to describe how expensive it is to live in Balranald compared with the typical local household income recorded at the most recent Census.

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 Balranald a good place to invest?

Accepted Answer

House values in Balranald fell 18.5% over the past 12 months, a large decline in the capital value of houses for the year. That movement reflects capital changes for houses rather than rental income, and there isn't enough recent data on unit values or rents to report their 12-month changes.

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	-18.5%	N/A
Sold Past 3 months	3	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

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