Over the last year, property investments in Balwyn, 3103 have given investors a capital gain of 3.53%. This compares badly with the 9.78% for VIC as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Balwyn comes in at number 238th in VIC.
Our latest figures would indicate that property sellers in Balwyn are currently offering property investors an average price cut of -3.46% below the asking price at the moment.
Advertised rents are around the $680 mark per week – giving a return of 1.61% based on the median price in Suburb
At number 710th in the list of Australian suburbs ordered by increase in median house value over the last year, Balwyn, 3103 is in the top half with a property value increase of 5.15% recorded in median house prices.
If we look at median property appreciation over just the last three months, Balwyn has given property investors a paper return of 5.93%. This puts Suburb as 49 on a list of fastest fasting appreciating suburbs in VIC
Balwyn, 3103 is offering VIC ‘s 172th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
Renters in Suburb are facing rents around $5070 per annum or $422.5 every week.