Balwyn North is in the bottom 20% 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 -1.85%.
Over the longer term, Balwyn North has seen property prices show investors a 46.61% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Balwyn North is giving property investors an average Vendor Discount of around -12.05%. This puts suburb at number 22th in VIC when ranking the most discounted suburbs.
The VIC suburb of Balwyn North, 3104 is in the Boroondara local government area.
Property value increases in Balwyn North have tracked lower than the VIC average of 3.19% over the last 12 months.
Across a shorter period, Balwyn North, 3104 has seen a median price increase of 0.73% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Balwyn North is offering property investors an average of -5.14. This rate of discount on properties puts Suburb at number 10th in terms of most discounted suburbs in VIC