Balwyn North has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 2.24% to date .
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.
Sellers are offering property buyers an average discount of -15.72% to buyers in Balwyn North at the moment, which is less than average for the rest of VIC.
The VIC suburb of Balwyn North, 3104 is in the Boroondara local government area.
Giving property investors a an average capital gain of 2.05% for the last year, Balwyn North, 3104 is the 947th highest performer in Australia in this respect.
Balwyn North,3104 has offered an average of 2.05% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Balwyn North is giving property investors an average Vendor Discount of around -9.88%. This puts suburb at number 15th in VIC when ranking the most discounted suburbs.
Balwyn North, 3104’s gross rental yield is 2.34%