Suburb Profile Report for Balgowlah Heights NSW (2093)

Balgowlah Heights House: Median price $2,600,000, Annual capital growth 6.94%, Number of sales 51, Weekly median advertised rent $1,450

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Balgowlah Heights is an average performer in NSW when comparing median price capital growth over the last year. Balgowlah Heights gave property investors a good capital gain figure when compared to the rest of the state, with 10.64%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Balgowlah Heights has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Balgowlah Heights, 2093. Typically our figures indicate that -6.90% is being offered, which puts this NSW suburb at 1273th most discounted overall in Australia.

Often selling an investment property can take time, and in Balgowlah Heights the average time real estate has been on the market is 70.63 days.

The NSW suburb of Balgowlah Heights, 2093 is in the Manly local government area.

Metrics i HOUSE UNIT
$2,600,000 N/A
9.70% N/A
10.64% N/A
6.94% N/A
$1,450 N/A
51 N/A
2.90% N/A
70.63 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3268
Median household income ($/weekly) 2695
Median age of persons 40
Median housing loan repayment ($/monthly) 3987
Average household size 3.1
  • Census Count Percent(%)
    0-4 years 246 7.5
    5-14 years 636 19.5
    35-44 years 484 14.8
    45-54 years 571 17.5
    55-64 years 364 11.1
    Others 966 29.6
    Age Group
    Census Count Percent(%)
    Registered Married 1489 66.2
    Not Married 674 30.0
    Defacto Relationship 86 3.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2222 69.8
    Papua New Guinea 72 2.3
    South Africa 89 2.8
    United Kingdom 422 13.3
    Other 122 3.8
    Others 257 8.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 35 1.1
    Christianity 2279 74.6
    Judaism 8 0.3
    Other Religious Groups 11 0.4
    No Religion 714 23.4
    Others 7 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $2,000-$2,499 57 6.4
    $2,500-$2,999 183 20.6
    $3,000-$3,499 94 10.6
    $3,500 -$3,999 61 6.9
    $4,000 or more 177 19.9
    Others 317 35.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 843 36.2
    Not in the labour force 827 35.5
    Employed, worked part-time 532 22.8
    Employed, away from work 85 3.6
    Unemployed, looking for work 43 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 347 23.8
    Professionals 575 39.4
    Community & personal service workers 106 7.3
    Clerical & administrative workers 190 13.0
    Sales 94 6.4
    Others 147 10.1
    Occupation
    Census Count Percent(%)
    Pre-school 104 9.9
    Infants/Primary 446 42.4
    Secondary 279 26.5
    Technical or Further Educational Institution 26 2.5
    University or other Tertiary Institutions 172 16.3
    Others 26 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3096 98.6
    Semi-detached, row or terrace house, townhouse 23 0.7
    Flat, unit or apartment 11 0.4
    House or flat attached to a shop, office 10 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 498 49.6
    Being purchased 386 38.4
    Rented 118 11.7
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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