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 18.17%
Balgowlah,2093 has offered an average of 18.17% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Balgowlah is offering property investors an average of -5.38. This rate of discount on properties puts Suburb at number 1029th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 6.75 sales per month, which equates to 81 per year.
Property investors should expect to get $1200 weekly from the median priced house in this suburb.
Balgowlah, 2093 ranked 377th 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
Across a shorter period, Balgowlah, 2093 has seen a median price increase of 3.49% over the last quarter.
The most recent median price for Balgowlah is $890000, with sellers offering an average of -2.31% off the asking price.
The NSW suburb of Balgowlah, 2093 is in the Manly local government area.