Property investors who have had real estate in Balmoral, 2283 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.53%
The five-year average increase in median property values for Balmoral,2283 has given property investors a potential capital gain of 44.69% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Balmoral itself are offering an average vendor discount of -2.54% to real estate investors.
Property investors should expect to get $375 weekly from the median priced house in this suburb.