Suburb Profile Report for Balcolyn NSW (2264)

Balcolyn House: Median price $480,000, Annual capital growth 4.86%, Number of sales 27, Weekly median advertised rent $398

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Over the last year, property investments in Balcolyn, 2264 have given investors a capital gain of 21.98%. This compares very favourably with the 7.93% for NSW as a whole.

Across a shorter period, Balcolyn, 2264 has seen a median price increase of 11.63% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Balcolyn is offering property investors an average of -5.55. This rate of discount on properties puts Suburb at number 321th in terms of most discounted suburbs in NSW

Property investors should expect to get $397.5 weekly from the median priced house in this suburb.

HOUSE UNIT
$480,000 N/A
11.63% N/A
21.98% N/A
4.86% N/A
$398 N/A
27 N/A
4.31% N/A
95.22 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 818
Median household income ($/weekly) 970
Median age of persons 42
Median housing loan repayment ($/monthly) 1820
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 126 15.4
    25-34 years 91 11.1
    35-44 years 103 12.6
    45-54 years 100 12.2
    55-64 years 111 13.6
    Others 287 35.1
    Age Group
    Census Count Percent(%)
    Registered Married 332 56.4
    Not Married 203 34.5
    Defacto Relationship 54 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 712 90.4
    New Zealand 6 0.8
    Papua New Guinea 5 0.6
    United Kingdom 23 2.9
    Other 24 3.0
    Others 18 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 540 73.0
    No Religion 190 25.7
    Buddhism 7 0.9
    Other Religious Groups 3 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 42 15.2
    $600-$799 31 11.2
    $800-$999 35 12.7
    $1,500-$1,999 28 10.1
    $2,000-$2,499 33 12.0
    Others 107 38.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 274 44.8
    Employed, worked full-time 180 29.4
    Employed, worked part-time 107 17.5
    Unemployed, looking for work 28 4.6
    Employed, away from work 23 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 65 21.2
    Technicians & trades workers 48 15.6
    Community & personal service workers 32 10.4
    Clerical & administrative workers 48 15.6
    Sales 32 10.4
    Others 82 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 22 11.3
    Infants/Primary 77 39.5
    Secondary 52 26.7
    Technical or Further Educational Institution 20 10.3
    University or other Tertiary Institutions 20 10.3
    Others 4 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 761 98.8
    Semi-detached, row or terrace house, townhouse 9 1.2
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 132 44.6
    Being purchased 112 37.8
    Rented 52 17.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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