At number 3366th in the list of Australian suburbs ordered by increase in median house value over the last year, Balwyn North, 3104 is in the BOTTOM 20% with a property value increase of -3.51% recorded in median house prices.
While Balwyn North,3104 ranked number 317th in VIC for increase in median house value (annualised) increase, it is ranked 43th over the last 5 years.
Property investors looking for a bargain in Balwyn North should be aiming for at least -9.76% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 22.50 sales per month, which equates to 270 per year.
Property investors should expect to get $617.5 weekly from the median priced house in this suburb.
Giving property investors a an average capital gain of 3.96% for the last year, Balwyn North, 3104 is the 763th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Balwyn North comes in at number 8th in VIC.
Property buyers and investors in Balwyn North 3104 should be seeing an average reduction in asking price of around -9.76% . This means that Balwyn North is holding prices well when compared to other suburbs in VIC.
At number 912 in a list of fastest selling suburbs, Balwyn North is in the bottom 40% of suburbs in Australia with an average of days on market 86.2 for properties listed there.
Balwyn North is 374th on a list of best yielding suburbs for rents in VIC with a 2.53% return