NSW has seen average median house prices change by 9.05% which means that Balmain East, 2041 has done well for property investors by showing a capital gain of 12.77% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Balmain East comes in at number 874th in NSW.
With the median price for a house in Balmain East being $2650000 and the advertised rent reaching $895 the gross rental yield for property investors calculates out to be 1.76%
Property value increases in Balmain East have tracked lower than the NSW average of 6.22% over the last 12 months.
Balmain East,2041 has offered an average of -6.08% return per annum in house price rises to property investors over the last three years.
Balmain East2041 is located in NSW which offers an average discount of -4.26% to property investors. Balmain East itself is showing figures that indicate -4.51% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Balmain East the average time real estate has been on the market is 45.6 days.
Property investors should expect to get $602.5 weekly from the median priced house in this suburb.