Property value increases in North Balgowlah have tracked higher than the NSW average of 6.87% over the last 12 months.
If we look at median property appreciation over just the last three months, North Balgowlah has given property investors a paper return of 8.26%. This puts Suburb as 149 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 North Balgowlah, 2093. Typically our figures indicate that -1.14% is being offered, which puts this NSW suburb at 3757th most discounted overall in Australia.
On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.
Renters in Suburb are facing rents around $15600 per annum or $1300 every week.