At number 2294th in the list of Australian suburbs ordered by increase in median house value over the last year, Balcolyn, 2264 is in the BOTTOM 50% with a property value increase of 4.85% recorded in median house prices.
Balcolyn,2264 has offered an average of 4.85% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Balcolyn itself are offering an average vendor discount of -4.96% to real estate investors.
Often selling an investment property can take time, and in Balcolyn the average time real estate has been on the market is 47.15 days.
Situated 91.44km from the CBD, Balcolyn is one of Lake Macquarie localities in the postcode 2264.