At number 3231th in the list of Australian suburbs ordered by increase in median house value over the last year, Balmain East, 2041 is in the BOTTOM 30% with a property value increase of -2.83% recorded in median house prices.
Balmain East,2041 was ranked 605 in Australia by increase in median property value over the quarter.
Property buyers and investors in Balmain East 2041 should be seeing an average reduction in asking price of around -3.51% . This means that Balmain East is holding prices well when compared to other suburbs in NSW.
Renters in Suburb are facing rents around $11040 per annum or $920 every week.
Property investors who have had real estate in Balmain East, 2041 should be 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 14.89%
Comparing Balmain East,2041 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Balmain East is 549th on a list of best yielding suburbs for rents in NSW with a 2.79% return