If you compare the increase in value of investment property in Balcolyn, 2264 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 16.97%.
A 34.97% growth in median value for property investors in Balcolyn,2264 puts this suburb at number 1322th in terms of best performing 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 Balcolyn, 2264. Typically our figures indicate that -4.66% is being offered, which puts this NSW suburb at 2840th most discounted overall in Australia.
Using the current median advertised rental of $392.5 and the average annual increase in value of a median property of 4.94%, investors should hope to achieve an overall return of 4.23%