NSW has seen average median house prices change by 10.13% which means that Balmain East, 2041 has done well for property investors by showing a capital gain of 16.88% over the last year
The five-year average increase in median property values for Balmain East,2041 has given property investors a potential capital gain of 45.34% across each of those five years.
In the last year 19 properties changed hands in Balmain East, which puts it as the 1176th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Balmain East, 2041 is in the Leichhardt local government area.
At number 1214th in the list of Australian suburbs ordered by increase in median house value over the last year, Balmain East, 2041 is in the BOTTOM 40% with a property value increase of -1.21% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Balmain East,2041 has racked up an average of -1.21% over the period. This ranks it number 501th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.
Balmain East is 544th on a list of best yielding suburbs for rents in NSW with a 2.83% return