Giving property investors a an unimpressive capital gain of 3.06% for the last year, Balwyn North, 3104 is the 2640th highest performer in Australia in this respect.
Balwyn North,3104 was ranked 2035 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Balwyn North are currently offering property investors an average price cut of -8.43% below the asking price at the moment.
A $640 per week rent on the median house gives suburb investors a gross yield of circa 1.79%, without taking into account capital value appreciation, which has been averaging out at 9.18%.
Balwyn North is an average performer in VIC when comparing median price capital growth over the last year. Balwyn North gave property investors a average capital gain figure when compared to the rest of the state, with 3.30%.
Balwyn North,3104 was ranked 640 in Australia by increase in median property value over the quarter.
Property buyers and investors in Balwyn North 3104 should be seeing an average reduction in asking price of around -9.16% . This means that Balwyn North is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 4.33 sales per month, which equates to 52 per year.