Over the last year, property investments in Balwyn, 3103 have given investors a capital gain of 10.58%. This compares averagely with the 11.00% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Balwyn,3103 has racked up an average of 10.58% over the period. This ranks it number 1092th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Balwyn are currently offering property investors an average price cut of -2.69% below the asking price at the moment.
With the median price for a house in Balwyn being $2300000 and the advertised rent reaching $695 the gross rental yield for property investors calculates out to be 1.57%
VIC has seen average median house prices change by 5.66% which means that Balwyn, 3103 has done well for property investors by showing a capital gain of 0.29% over the last year
Balwyn,3103 has offered an average of 0.29% return per annum in house price rises to property investors over the last three years.
Balwyn, 3103 is offering VIC ‘s 165th 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.
The VIC suburb of Balwyn, 3103 is in the Boroondara local government area.