Suburb Profile Report for Balgowlah NSW (2093)

Balgowlah House: Median price $1,920,000, Annual capital growth 7.83%, Number of sales 68, Weekly median advertised rent $1,295

Balgowlah Unit: Median price $1,000,000, Annual capital growth 7.69%, Number of sales 137, Weekly median advertised rent $623

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Balgowlah has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 8.78% to date .

A 61.68% growth in median value for property investors in Balgowlah,2093 puts this suburb at number 533th in terms of best performing suburbs in NSW

Sellers are offering property buyers an average discount of -4.50% to buyers in Balgowlah at the moment, which is less than average for the rest of NSW.

Property value increases in Balgowlah have tracked close to the NSW average of 5.88% over the last 12 months.

A 61.29% growth in median value for property investors in Balgowlah,2093 puts this suburb at number 90th in terms of best performing suburbs in NSW

Balgowlah, 2093 is offering NSW ‘s 353th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.

On average over the past year, suburb has had 11.42 sales per month, which equates to 137 per year.

Renters in Suburb are facing rents around $7470 per annum or $622.5 every week.

Metrics i HOUSE UNIT
$1,920,000 $1,000,000
2.98% 5.12%
8.78% 6.95%
7.83% 7.69%
$1,295 $623
68 137
3.51% 3.24%
44.87 36.3

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 7494
Median household income ($/weekly) 1912
Median age of persons 37
Median housing loan repayment ($/monthly) 2836
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 948 12.6
    25-34 years 1039 13.9
    35-44 years 1382 18.4
    45-54 years 1005 13.4
    55-64 years 752 10.0
    Others 2369 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 2773 51.5
    Not Married 1962 36.4
    Defacto Relationship 654 12.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4928 69.4
    Papua New Guinea 227 3.2
    South Africa 138 1.9
    United Kingdom 759 10.7
    Other 358 5.0
    Others 690 9.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 126 1.8
    Christianity 4631 67.7
    Hinduism 49 0.7
    Islam 33 0.5
    No Religion 1952 28.5
    Others 49 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 211 8.0
    $1,500-$1,999 316 12.0
    $2,000-$2,499 218 8.3
    $2,500-$2,999 438 16.7
    $4,000 or more 257 9.8
    Others 1187 45.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2427 43.6
    Not in the labour force 1606 28.9
    Employed, worked part-time 1195 21.5
    Employed, away from work 202 3.6
    Unemployed, looking for work 135 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 745 19.5
    Professionals 1276 33.4
    Community & personal service workers 329 8.6
    Clerical & administrative workers 549 14.4
    Sales 352 9.2
    Others 570 14.9
    Occupation
    Census Count Percent(%)
    Pre-school 220 12.1
    Infants/Primary 633 34.9
    Secondary 393 21.7
    Technical or Further Educational Institution 154 8.5
    University or other Tertiary Institutions 348 19.2
    Others 64 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3201 45.7
    Flat, unit or apartment 2553 36.5
    Semi-detached, row or terrace house, townhouse 1224 17.5
    House or flat attached to a shop, office 23 0.3
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 981 34.7
    Fully owned 944 33.4
    Rented 896 31.7
    Other tenure type 9 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals