Suburb Profile Report for Balgowlah Heights NSW (2093)

Balgowlah Heights House: Median price $2,410,000, Annual capital growth 6.18%, Number of sales 46, Weekly median advertised rent $1,550

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

Source: CoreLogic

  • House Report

With a capital gain of 12.09% for the last 12 months, Balgowlah Heights, 2093 has performed for property investments than its average annual 6.18% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Balgowlah Heights has given property investors a paper return of -1.83%. This puts Suburb as 1158 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Balgowlah Heights should be aiming for at least -5.75% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $1550 weekly from the median priced house in this suburb.

HOUSE UNIT
$2,410,000 N/A
-1.83% N/A
12.09% N/A
6.18% N/A
$1,550 N/A
46 N/A
3.34% N/A
46.44 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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