Suburb Profile Report for Balgowlah NSW (2093)

Balgowlah House: Median price $1,453,500, Annual capital growth 4.93%, Number of sales 90, Weekly median advertised rent $1,100

Balgowlah Unit: Median price $786,250, Annual capital growth 5.88%, Number of sales 147, Weekly median advertised rent $575

  • House
  • Unit
Source: RP Data
  • Median price
  • Number of sales
DSR Score for property investment : ABOVE AVERAGE (H), GOOD (U)
  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 13.89% for the last year, Balgowlah, 2093 is the 862th highest performer in Australia in this respect.

While Balgowlah,2093 ranked number 559th in NSW for increase in median house value (annualised) increase, it is ranked 829th over the last 5 years.

Balgowlah2093 is located in NSW which offers an average discount of -5.42% to property investors. Balgowlah itself is showing figures that indicate -2.92% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Balgowlah have been waiting around 45.29 days to sell a property.

Property investors should expect to get $1100 weekly from the median priced house in this suburb.

Giving property investors a a solid capital gain of 20.71% for the last year, Balgowlah, 2093 is the 123th highest performer in Australia in this respect.

The five-year average increase in median property values for Balgowlah,2093 has given property investors a potential capital gain of 41.89% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Balgowlah is offering property investors an average of -3.99. This rate of discount on properties puts Suburb at number 200th in terms of most discounted suburbs in NSW

Balgowlah is 507th on a list of best yielding suburbs for rents in NSW with a 3.66% return

HOUSE UNIT
$1,453,500 $786,250
3.82% 7.34%
15.82% 17.35%
23.18% 25.80%
24.23% 40.28%
4.93% 5.88%
$1,100 $575
90 147
3.94% 3.80%
48.71 20.01
Source: RP Data
Find a mortgage broker in Balgowlah NSW
Demographics
Total population 7494
Median household income ($/weekly) 1912
Median age of persons 37
Median housing loan repayment ($/monthly) 2836
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 948 12.6
    25-34 years 1039 13.9
    35-44 years 1382 18.4
    45-54 years 1005 13.4
    55-64 years 752 10.0
    Others 2369 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 2773 51.5
    Not Married 1962 36.4
    Defacto Relationship 654 12.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4928 69.4
    Papua New Guinea 227 3.2
    South Africa 138 1.9
    United Kingdom 759 10.7
    Other 358 5.0
    Others 690 9.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 126 1.8
    Christianity 4631 67.7
    Hinduism 49 0.7
    Islam 33 0.5
    No Religion 1952 28.5
    Others 49 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 211 8.0
    $1,500-$1,999 316 12.0
    $2,000-$2,499 218 8.3
    $2,500-$2,999 438 16.7
    $4,000 or more 257 9.8
    Others 1187 45.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2427 43.6
    Not in the labour force 1606 28.9
    Employed, worked part-time 1195 21.5
    Employed, away from work 202 3.6
    Unemployed, looking for work 135 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 745 19.5
    Professionals 1276 33.4
    Community & personal service workers 329 8.6
    Clerical & administrative workers 549 14.4
    Sales 352 9.2
    Others 570 14.9
    Occupation
    Census Count Percent(%)
    Pre-school 220 12.1
    Infants/Primary 633 34.9
    Secondary 393 21.7
    Technical or Further Educational Institution 154 8.5
    University or other Tertiary Institutions 348 19.2
    Others 64 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3201 45.7
    Flat, unit or apartment 2553 36.5
    Semi-detached, row or terrace house, townhouse 1224 17.5
    House or flat attached to a shop, office 23 0.3
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 981 34.7
    Fully owned 944 33.4
    Rented 896 31.7
    Other tenure type 9 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals