Property investors who have had real estate in Balmain East, 2041 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.87%
Over the longer term, Balmain East has seen property prices show investors a 39.34% return over the last 3 years. This is worse than over the last 12 months
Situated 1.79km from the CBD, Balmain East is one of Leichhardt localities in the postcode 2041.
Balmain East, 2041 ranked 236th in NSW when comparing growth in median property values or capital gain over the last 12 months. Balmain East is one of 3163 in our list for NSW
Comparing Balmain East,2041 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
Advertised rents are around the $630 mark per week – giving a return of 3.06% based on the median price in Suburb