Investment property in Balgowlah has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 22.26%
The five-year average increase in median property values for Balgowlah,2093 has given property investors a potential capital gain of 49.21% across each of those five years.
Sellers are offering property buyers an average discount of -9.61% to buyers in Balgowlah at the moment, which is less than average for the rest of NSW.
Balgowlah is 831th on a list of best yielding suburbs for rents in NSW with a 3.22% return
Giving property investors a an average capital gain of 6.44% for the last year, Balgowlah, 2093 is the 714th highest performer in Australia in this respect.
Balgowlah,2093 was ranked 551 in Australia by increase in median property value over the quarter.
Balgowlah, 2093 is offering NSW ‘s 256th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Residents and property investors in Balgowlah have been waiting around 30.62 days to sell a property.
Renters in Suburb are facing rents around $7200 per annum or $600 every week.