At number 2668th in the list of Australian suburbs ordered by increase in median house value over the last year, Balwyn, 3103 is in the BOTTOM 40% with a property value increase of 2.21% recorded in median house prices.
A 74.58% growth in median value for property investors in Balwyn,3103 puts this suburb at number 288th in terms of best performing suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Balwyn is offering property investors an average of -5.80. This rate of discount on properties puts Suburb at number 474th in terms of most discounted suburbs in VIC
Situated 10.41km from the CBD, Balwyn is one of Boroondara localities in the postcode 3103.
VIC has seen average median house prices change by 4.28% which means that Balwyn, 3103 has done well for property investors by showing a capital gain of 3.73% over the last year
While Balwyn,3103 ranked number 18th in VIC for increase in median house value (annualised) increase, it is ranked 116th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Balwyn is offering property investors an average of -5.03. This rate of discount on properties puts Suburb at number 126th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 10.58 sales per month, which equates to 127 per year.
Balwyn is 330th on a list of best yielding suburbs for rents in VIC with a 3.05% return