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Balga Real Estate Market & Suburb Profile
Balga Real Estate & Property Market
Balga is a diverse northern suburb of Perth, located about 12 km north of the CBD, and is noted as one of the 10 best suburbs in Australia for investment, according to The West Australian . It’s part of the City of Stirling and home to around 13,000 residents, offering an affordable, family-friendly lifestyle with a strong community spirit.
Established in the 1960s as a State Housing area, Balga has been undergoing a modern transformation, attracting young families and first-home buyers seeking value close to the city.
The suburb features a mix of older brick-and-tile homes on large ~700 m² blocks and newer townhouses from recent infill developments, according to the City of Stirling.
Extensive parklands (26 parks in total) are a highlight – Princess Wallington Reserve is a major community hub with an aquatic centre, sports fields, and playgrounds. Local shopping needs are met by small centres like Fieldgate Square and Westminster Plaza, while larger retail options are nearby at Mirrabooka Square.
Balga’s multicultural community and youthful demographic (median age ~32) contribute to its vibrant atmosphere. Public transport is available via local bus routes connecting to nearby train stations (though Balga itself has no train station), providing residents convenient access to Perth City, as detailed in the REIWA Suburb Profile.
Balga Real Estate Suburb Review
The Balga real estate market is experiencing exceptional growth as of mid-2025. Over the past year, Balga’s median house price has surged to about $603,000 – an increase of nearly 30% year-on-year, according to the REIWA Suburb Profile. This dramatic growth is confirmed by independent reports highlighting Balga as one of Australia’s top suburbs for investment, with house values jumping approximately 22% in 12 months. Despite past stigmas, buyers are now recognizing Balga’s strategic location and value for money. The suburb sits within 15 km of both the CBD and beaches, offering a central location at a relative bargain. Many first-home buyers and young professionals priced out of nearby areas like Yokine and Balcatta are turning to Balga, driving demand for its homes.
Property types in Balga range from older 3-4 bedroom houses to modern villas and units. Houses dominate the market and have seen the strongest growth. In fact, Balga’s median house price growth (~29-30%) is among the highest in Perth’s metro area for the year, according to REIWA. Units and villas have also performed well; investors are attracted by their affordability and strong rental returns. The median unit price in Balga sits around $482,500, with unit values reportedly climbing as much as approximately 37% over 12 months. Homes here sell quickly – often in just over one week on market on average – reflecting high buyer competition.
Rental market: Balga offers impressive rental yields, making it popular with investors. The median rent is approximately $650 per week for houses, reflecting around 18% rental growth over the past year, as reported by REIWA. A recent report noted Balga’s median house rent jumped approximately 22% alongside prices, delivering rental yields around 6.4% – among the strongest in Perth – thanks to extremely low vacancy rates (~0.1%), according to The West Australian. Such yields are drawing interest from savvy investors nationwide. Renters, ranging from students at the local TAFE to young families, find value in Balga’s larger homes and yards at lower rents compared to inner suburbs.
Overall, buyer demand remains high. Real estate insights show buyer interest in Balga has grown as much as 2% in recent months, with many listings receiving multiple offers. As one local agent noted, “the tide is finally turning” for Balga – its reputation is improving, and prices have grown approximately 25% in the last year alone, as highlighted in The West Australian. Yet Balga still offers entry-level affordability compared to suburbs closer to the city, making it an attractive option for those seeking a balance of price and location.
Balga Infrastructure and Developments
Balga’s resurgence is supported by investments in infrastructure and community development. One of the major projects underway is the $47.9 million upgrade of North Metropolitan TAFE’s Balga campus, scheduled for completion by the end of 2024, as detailed by The West Australian. This redevelopment is delivering a new state-of-the-art three-story training facility, replacing older classrooms with modern educational infrastructure. By early 2025, local students and apprentices will be training in these new facilities, reinforcing Balga’s role as an education hub and potentially attracting more families and rentals to the area.
Beyond education, the City of Stirling has ongoing urban renewal initiatives targeting Balga and surrounding “Better Suburbs.” These include community enhancements like public art—a new mural was recently completed at Balga Plaza—and upgrades to parks and playgrounds. Balga is well-serviced for recreation – the City’s Balga Leisure Centre (at Princess Wallington Reserve) offers pools and sports facilities, and recent playground renewal programs have refreshed local play spaces. Such improvements contribute to Balga’s family-friendly appeal.
In terms of transport, while Balga doesn’t have a train station, residents benefit from improvements in the wider network. The new METRONET rail extension to Yanchep and the completed freeway widening projects have made commuting easier from nearby stations like Warwick or Stirling. Balga’s bus routes to Mirrabooka Bus Station link with these networks, according to the REIWA Suburb Profile. Road infrastructure within Balga has also seen maintenance—for instance, sections of Princess Road have been rehabilitated to improve driving conditions, as noted in a recent road infrastructure report.
It’s also worth noting the changing demographic and development patterns in Balga. Many older homes on large lots are being subdivided and redeveloped into modern residences, gradually uplifting the suburb’s streetscapes. Local real estate experts observe that Balga is “undergoing a transformation similar to what happened in Innaloo 20 to 30 years ago,” with an influx of young professionals and families bringing renewed energy, as highlighted by The West Australian. The suburb’s central location—only a 10-minute drive to the beach at Trigg and a short trip to Perth city—is now being “rediscovered” by buyers. As a result, Balga is shedding its old image and embracing a more positive, vibrant identity backed by infrastructure growth and community development.
Why Choose Xceed Real Estate for Selling in Balga
When it comes to selling your property in Balga, Xceed Real Estate stands out as the ideal partner. Our team has deep roots in Perth’s northern suburbs, and we’ve actively been part of Balga’s property growth story. Here’s why homeowners trust us:
Experienced
Local Agents
Our local sales team knows Balga’s streets, buyer demographics, and market trends inside out. We leverage this local insight to price your property competitively and attract qualified buyers quickly.
Proven Results & Reputation
Xceed Real Estate is an award-winning agency with a track record of excellence (as highlighted on our Awards page). We’ve successfully negotiated top prices in Balga’s rising market, even as values surged 25–30% in the last year. Our reputation for honesty and high performance means buyers and sellers feel at ease working with us.
Tailored Marketing Strategies
Selling in a transitioning suburb like Balga requires the right approach. We craft a customised marketing plan for each property – from professional staging and photography to targeted digital campaigns and local outreach. Our comprehensive strategy (outlined in our guide to selling your property) ensures your Balga home stands out to the most likely buyers, whether they are first-home seekers or investors looking for high yields.
Dedicated Service & Communication
With Xceed, you get personalised service every step of the way. Your agent will provide transparent updates, buyer feedback, and guidance to maximise your sale result. We pride ourselves on making the selling process smooth and stress-free, which is reflected in the positive testimonials from Balga clients.
By choosing Xceed Real Estate, you gain a committed partner who will Xceed your expectations and capitalise on Balga’s market momentum for your benefit. Our negotiation expertise and local network of buyers often lead to fast sales at premium prices, as we’ve recently demonstrated in Balga’s active market.