Over the last year, property investments in Balwyn North, 3104 have given investors a capital gain of 7.74%. This compares averagely with the 8.23% for VIC as a whole.
The five-year average increase in median property values for Balwyn North,3104 has given property investors a potential capital gain of 59.05% across each of those five years.
Our latest figures would indicate that property sellers in Balwyn North are currently offering property investors an average price cut of -12.15% below the asking price at the moment.
Situated 11.00km from the CBD, Balwyn North is one of Boroondara localities in the postcode 3104.
Balwyn North is in the TOP 30% in VIC when comparing median price capital growth over the last year. Balwyn North gave property investors a good capital gain figure when compared to the rest of the state, with 9.45%.
While Balwyn North,3104 ranked number 180th in VIC for increase in median house value (annualised) increase, it is ranked 2nd over the last 5 years.
Advertised rents are around the $495 mark per week – giving a return of 2.34% based on the median price in Suburb