Livability Index
96.7
What's this?

Population: 320

House Growth Prediction (per annual): 18%, 2707th out of 5061

Unit Growth Prediction (per annual): NA, NAth out of 2987

Keywords: Low Population Density, Low Salary, Nature

Basics

Balala is a local community with population 320, and the population growth over the past decade is -4.33%. It has an average income $37,015.67 per annum. It has 95.3% of population who only speak English at home. Other top languages include Danish. Unemployment rate in Balala is 4.4% while people work as professionals is 17.1%. Balala has 0 Coles stores and 0 Woolworth stores. Its population density is 0.1 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Balala has Socio-Economic raw score 982.1 while the average score across Australia is 1000. Therefore, Balala has disadvantage in terms of Socio-Economic measure. It obtains relative score 43 out of 100 across Australia, while relative score 42 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Balala has a livability index 89.3, which is lower than average 100 across Australia. It ranks 6,711th out of 8,530 suburbs across Australia. Therefore, it is a suburb less livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 14.9% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Balala has a higher than average growth expectation. It ranks 5,420th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Balala is predicted to grow by NA% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Balala has a higher than average growth. It ranks NAth out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school NA the attractiveness of Balala, which obtains score of NA out of 100 within NSW based on local primary school student exam performance. NA primary school, secondary public school contribute to the attractiveness of Balala, which obtains score of 77.9 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Balala has a NA than average score, which is NA out of 100. NA to primary school, secondary school has worse than average score, which is 32 out of 100.

Review

Review Balala, NSW

 

Balala, NSW smart rating was calculated by GeoIndex Australia.

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