Balwyn North is in the bottom 10% in VIC when comparing median price capital growth over the last year. Balwyn North gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.33%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Balwyn North has increased when compared to the 5 year average annual rate.
Vendor discounting in Balwyn North is giving property investors an average Vendor Discount of around -10.91%. This puts suburb at number 34th in VIC when ranking the most discounted suburbs.
In the last year 268 properties changed hands in Balwyn North, which puts it as the 72th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $7320 per annum or $610 every week.
Giving property investors a a solid capital gain of 17.08% for the last year, Balwyn North, 3104 is the 177th highest performer in Australia in this respect.
Comparing Balwyn North,3104 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -7.15% to buyers in Balwyn North at the moment, which is less than average for the rest of VIC.