With a capital gain of 14.39% for the last 12 months, Balcolyn, 2264 has performed for property investments than its average annual 4.17% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Balcolyn comes in at number 963th in NSW.
LACK OF BUYER INTEREST may well be the reason that Balcolyn is offering property investors an average of -5.52. This rate of discount on properties puts Suburb at number 320th in terms of most discounted suburbs in NSW
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 4.17%, investors should hope to achieve an overall return of 4.57%