Ballimore vs Peak Hill
Property investment comparison - Ballimore, NSW 2830 vs Peak Hill, NSW 2869
Head-to-head across core investment metrics: Ballimore wins 1, Peak Hill wins 2. 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 | Ballimore | Peak Hill |
|---|---|---|
| Median house price | $270K | $290K |
| Median unit price | $345K | $265K |
| Gross rental yield (houses) | - | 5.47% |
| Gross rental yield (units) | - | - |
| 1-year house growth | - | +7.4%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.8% | 0.8% |
| Population | 240 | 1,162 |
Ballimore vs Peak Hill: what the numbers say
The median house price is $270K in Ballimore and $290K in Peak Hill, so Ballimore is the cheaper entry point, with Peak Hill houses about 7% dearer.
For units, Ballimore sits at a median of $345K against $265K in Peak Hill, which makes Peak Hill the more affordable unit market and Ballimore the pricier one.
Rental vacancy is 0.8% in Peak Hill and 1.8% in Ballimore, so landlords in Peak Hill face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Peak Hill is the bigger suburb, with a population of 1,162 against 240, roughly 4.8 times the size of Ballimore; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Ballimore for a lower purchase price, Peak Hill 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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