With a capital gain of 23.40% for the last 12 months, Balmain East, 2041 has performed for property investments than its average annual 7.85% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Balmain East has increased when compared to the 5 year average annual rate.
Situated 1.81km from the CBD, Balmain East is one of Leichhardt localities in the postcode 2041.
Over the last year, property investments in Balmain East, 2041 have given investors a capital gain of 6.14%. This compares averagely with the 8.63% for NSW as a whole.
The five-year average increase in median property values for Balmain East,2041 has given property investors a potential capital gain of 93.83% across each of those five years.
Situated 1.50km from the CBD, Balmain East is one of Leichhardt localities in the postcode 2041.