Suburb Profile Report for Balcolyn NSW (2264)

Balcolyn House: Median price $462,500, Annual capital growth 4.29%, Number of sales 26, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report

Investment property in Balcolyn has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.12%

When looking at the potential capital gains offered to property investors over the last 3 years, Balcolyn comes in at number 802th in NSW.

Sellers are offering property buyers an average discount of -4.80% to buyers in Balcolyn at the moment, which is less than average for the rest of NSW.

The NSW suburb of Balcolyn, 2264 is in the Lake Macquarie local government area.

HOUSE UNIT
$462,500 N/A
-8.87% N/A
10.12% N/A
4.29% N/A
$395 N/A
26 N/A
4.44% N/A
85.63 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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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Recent sales & rentals