Suburb Profile Report for Balgownie NSW (2519)

Balgownie House: Median price $760,000, Annual capital growth 7.01%, Number of sales 43, Weekly median advertised rent $485

Balgownie Unit: Median price $610,000, Annual capital growth 6.97%, Number of sales 35, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1827th in the list of Australian suburbs ordered by increase in median house value over the last year, Balgownie, 2519 is in the top half with a property value increase of 5.56% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Balgownie comes in at number 723th in NSW.

Balgownie, 2519 is offering NSW ‘s 936th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.

Advertised rents are around the $485 mark per week – giving a return of 3.32% based on the median price in Suburb

At number 181th in the list of Australian suburbs ordered by increase in median house value over the last year, Balgownie, 2519 is in the top 20% with a property value increase of 16.19% recorded in median house prices.

Across a shorter period, Balgownie, 2519 has seen a median price increase of 8.54% over the last quarter.

The most recent median price for Balgownie is $610000, with sellers offering an average of -4.21% off the asking price.

Advertised rents are around the $430 mark per week – giving a return of 3.67% based on the median price in Suburb

HOUSE UNIT
$760,000 $610,000
4.83% 8.54%
5.56% 16.19%
7.01% 6.97%
$485 $430
43 35
3.32% 3.67%
91.92 28

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 5447
Median household income ($/weekly) 1308
Median age of persons 41
Median housing loan repayment ($/monthly) 2167
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 673 12.4
    35-44 years 740 13.6
    45-54 years 788 14.5
    55-64 years 702 12.9
    65-74 years 591 10.9
    Others 1952 35.8
    Age Group
    Census Count Percent(%)
    Registered Married 2368 57.2
    Not Married 1527 36.9
    Defacto Relationship 243 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4081 78.0
    Germany 54 1.0
    Japan 221 4.2
    United Kingdom 257 4.9
    Other 154 2.9
    Others 468 8.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 71 1.4
    Christianity 3979 77.7
    Hinduism 42 0.8
    Islam 128 2.5
    No Religion 873 17.0
    Others 30 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 202 11.2
    $600-$799 157 8.7
    $1,500-$1,999 228 12.7
    $2,000-$2,499 168 9.3
    $2,500-$2,999 182 10.1
    Others 864 48.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1679 39.1
    Employed, worked full-time 1507 35.1
    Employed, worked part-time 817 19.0
    Employed, away from work 151 3.5
    Unemployed, looking for work 143 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 318 12.8
    Professionals 667 26.9
    Technicians & trades workers 391 15.8
    Community & personal service workers 240 9.7
    Clerical & administrative workers 356 14.4
    Others 503 20.3
    Occupation
    Census Count Percent(%)
    Pre-school 125 9.5
    Infants/Primary 442 33.7
    Secondary 365 27.8
    Technical or Further Educational Institution 106 8.1
    University or other Tertiary Institutions 250 19.1
    Others 23 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4180 80.4
    Semi-detached, row or terrace house, townhouse 937 18.0
    Flat, unit or apartment 81 1.6
    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 921 47.0
    Being purchased 622 31.8
    Rented 409 20.9
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals