Balmain East is in the TOP 20% in NSW when comparing median price capital growth over the last year. Balmain East gave property investors a very good capital gain figure when compared to the rest of the state, with 21.96%.
When looking at the potential capital gains offered to property investors over the last 3 years, Balmain East comes in at number 331th in NSW.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
Renters in Suburb are facing rents around $10140 per annum or $845 every week.
Property investors who have had real estate in Balmain East, 2041 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.65%
While Balmain East,2041 ranked number 477th in NSW for increase in median house value (annualised) increase, it is ranked 42th over the last 5 years.
Balmain East2041 is located in NSW which offers an average discount of -4.23% to property investors. Balmain East itself is showing figures that indicate -4.51% is the average achievable by property buyers investing in the suburb.