Balgowlah, 2093 ranked 239th 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
Comparing Balgowlah,2093 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 201th of NSW’s most discounted properties, Balgowlah is in the bottom 20% of the state/territory when listing in order of most discounted to least.
A $1200 per week rent on the median house gives suburb investors a gross yield of circa 3.28%, without taking into account capital value appreciation, which has been averaging out at 7.10%.
Balgowlah has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.21% to date .
Taking the average capital gain, or increase in median house value, Balgowlah,2093 has racked up an average of 6.21% over the period. This ranks it number 242th 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 -3.40% below the asking price at the moment.
Residents and property investors in Balgowlah have been waiting around 35.12 days to sell a property.