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Balaclava vs Floraville

Property investment comparison - Balaclava, NSW 2575 vs Floraville, NSW 2280

Head-to-head across core investment metrics: Balaclava wins 2, Floraville wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricBalaclavaFloraville
Median house price$1.2M$1.2M
Median unit price$680K-
Gross rental yield (houses)-3.14%
Gross rental yield (units)3.68%3.50%
1-year house growth+5.2%+8.2%estimate
3-year house growth+19.6%-
Vacancy rate1.5%1.7%
Population5741,814

Balaclava vs Floraville: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.2M in Balaclava and $1.2M in Floraville.

Over the past year house prices moved +5.2% in Balaclava and +8.2% in Floraville (an estimate), so recent momentum favours Floraville, although both suburbs recorded growth.

Rental vacancy is 1.5% in Balaclava and 1.7% in Floraville, so landlords in Balaclava face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Floraville is the bigger suburb, with a population of 1,814 against 574, roughly 3.2 times the size of Balaclava; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Floraville for recent price momentum, Balaclava for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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