Balfours Peak is a small, quiet locality in New South Wales within the Gwydir local government area (postcode 2403). With a population of 45, the suburb has an established family demographic with a median age of 43. Households earn a median income of $53K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Irish.
Median house prices in Balfours Peak sit at $650,000, little changed on a year ago. The median weekly rent is $225 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $500.
Public transport access includes 5 bus stops. The crime rate in the Gwydir LGA is below average at 3,495 incidents per 100,000 population.
On the investment side, Balfours Peak shows a gross rental yield of approximately 1.8%, rated as low yield. Property prices sit below the state median ($650K/$1.5M), which can point to relative value. The price-to-income ratio of 12.4x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.