Balgowlah has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 19.34% to date .
If we look at median property appreciation over just the last three months, Balgowlah has given property investors a paper return of 4.44%. This puts Suburb as 354 on a list of fastest fasting appreciating suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Balgowlah, 2093. Typically our figures indicate that -5.79% is being offered, which puts this NSW suburb at 1717th most discounted overall in Australia.
Property investors should expect to get $1295 weekly from the median priced house in this suburb.
At number 164th in the list of Australian suburbs ordered by increase in median house value over the last year, Balgowlah, 2093 is in the top 10% with a property value increase of 20.65% recorded in median house prices.
Balgowlah,2093 was ranked 91 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -7.42% to buyers in Balgowlah at the moment, which is less than average for the rest of NSW.
Residents and property investors in Balgowlah have been waiting around 35.88 days to sell a property.
The NSW suburb of Balgowlah, 2093 is in the Manly local government area.