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 31.65%.
When looking at the potential capital gains offered to property investors over the last 3 years, Balcolyn comes in at number 372th in NSW.
Property investors looking for a bargain in Balcolyn should be aiming for at least -5.27% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 24 properties changed hands in Balcolyn, which puts it as the 1054th most active market in NSW when comparing the number of sales per suburb.
Situated 83.81km from the CBD, Balcolyn is one of Lake Macquarie localities in the postcode 2264.