Balaclava vs Granville
Property investment comparison - Balaclava, NSW 2575 vs Granville, NSW 2142
Head-to-head across core investment metrics: Balaclava wins 1, Granville wins 4. 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.
| Metric | Balaclava | Granville |
|---|---|---|
| Median house price | $1.2M | $1.3M |
| Median unit price | $680K | $530K |
| Gross rental yield (houses) | - | 3.12% |
| Gross rental yield (units) | 3.68% | 6.25% |
| 1-year house growth | +5.2% | +6.4%estimate |
| 3-year house growth | +19.6% | - |
| Vacancy rate | 1.5% | 1.5% |
| Population | 574 | 16,716 |
Balaclava vs Granville: what the numbers say
The median house price is $1.2M in Balaclava and $1.3M in Granville, so Balaclava is the cheaper entry point.
For units, Balaclava sits at a median of $680K against $530K in Granville, which makes Granville the more affordable unit market and Balaclava the pricier one.
Over the past year house prices moved +5.2% in Balaclava and +6.4% in Granville (an estimate), so recent momentum favours Granville, although both suburbs recorded growth.
Rental vacancy is 1.5% in Granville and 1.5% in Balaclava, so landlords in Granville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Granville is the bigger suburb, with a population of 16,716 against 574, roughly 29 times the size of Balaclava; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Balaclava for a lower purchase price, Granville for recent price momentum, Granville for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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