Investment property in Balgowlah has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.24%
Balgowlah,2093 has offered an average of 6.24% return per annum in house price rises to property investors over the last three years.
Balgowlah, 2093 is offering NSW ‘s 126th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
Property investors should expect to get $1272.5 weekly from the median priced house in this suburb.
Property investors who have had real estate in Balgowlah, 2093 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.94%
Balgowlah,2093 was ranked 1126 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Balgowlah is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 372th in terms of most discounted suburbs in NSW
In the last year 128 properties changed hands in Balgowlah, which puts it as the 109th most active market in NSW when comparing the number of sales per suburb.
Balgowlah is 517th on a list of best yielding suburbs for rents in NSW with a 3.19% return