Investment property in Balcolyn has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 22.62%
Over the longer term, Balcolyn has seen property prices show investors a 49.28% return over the last 3 years. This is worse than over the last 12 months
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 Balcolyn, 2264. Typically our figures indicate that -4.66% is being offered, which puts this NSW suburb at 2702th most discounted overall in Australia.
At number 1198 in a list of fastest selling suburbs, Balcolyn is in the TOP 40% of suburbs in Australia with an average of days on market 64.56 for properties listed there.
Advertised rents are around the $395 mark per week – giving a return of 3.99% based on the median price in Suburb