Balgowlah is an average performer in NSW when comparing median price capital growth over the last year. Balgowlah gave property investors a average capital gain figure when compared to the rest of the state, with 7.00%.
The five-year average increase in median property values for Balgowlah,2093 has given property investors a potential capital gain of 54.24% across each of those five years.
Vendor discounting in Balgowlah is giving property investors an average Vendor Discount of around -15.89%. This puts suburb at number 4th in NSW when ranking the most discounted suburbs.
In the last year 72 properties changed hands in Balgowlah, which puts it as the 438th most active market in NSW when comparing the number of sales per suburb.
Situated 9.51km from the CBD, Balgowlah is one of Manly localities in the postcode 2093.
With a capital gain of 12.99% for the last 12 months, Balgowlah, 2093 has performed for property investments than its average annual 8.36% property growth over the last 5 years.
Over the longer term, Balgowlah has seen property prices show investors a 52.32% return over the last 3 years. This is worse than over the last 12 months
At number 389th of NSW’s most discounted properties, Balgowlah is in the TOP 20% of the state/territory when listing in order of most discounted to least.