Balgowlah, 2093 ranked 703th in NSW when comparing growth in median property values or capital gain over the last 12 months. Balgowlah is one of 3162 in our list for NSW
Taking the average capital gain, or increase in median house value, Balgowlah,2093 has racked up an average of 10.71% over the period. This ranks it number 586th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Balgowlah are currently offering property investors an average price cut of -5.42% below the asking price at the moment.
Balgowlah, 2093’s gross rental yield is 4.03%
If you compare the increase in value of investment property in Balgowlah, 2093 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 17.81%.
Balgowlah,2093 was ranked 672 in Australia by increase in median property value over the quarter.
Vendor discounting in Balgowlah is giving property investors an average Vendor Discount of around -2.34%. This puts suburb at number 378th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Balgowlah the average time real estate has been on the market is 33.9 days.
Balgowlah, 2093’s gross rental yield is 3.51%