Over the last year, property investments in Balwyn North, 3104 have given investors a capital gain of -0.60%. This compares very badly with the 9.78% for VIC as a whole.
While Balwyn North,3104 ranked number 484th in VIC for increase in median house value (annualised) increase, it is ranked 50th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Balwyn North is offering property investors an average of -5.71. This rate of discount on properties puts Suburb at number 52th in terms of most discounted suburbs in VIC
Advertised rents are around the $620 mark per week – giving a return of 1.77% based on the median price in Suburb
Property value increases in Balwyn North have tracked close to the VIC average of 4.83% over the last 12 months.
While Balwyn North,3104 ranked number 232th in VIC for increase in median house value (annualised) increase, it is ranked 1st over the last 5 years.
Situated 9.96km from the CBD, Balwyn North is one of Boroondara localities in the postcode 3104.