If you compare the increase in value of investment property in North Balgowlah, 2093 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 24.69%.
Over the longer term, North Balgowlah has seen property prices show investors a 45.09% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.45% offered to property buyers. Sellers in North Balgowlah itself are offering an average vendor discount of -1.14% to real estate investors.
Situated 9.77km from the CBD, North Balgowlah is one of Warringah localities in the postcode 2093.