Balmain East is in the bottom 30% in NSW when comparing median price capital growth over the last year. Balmain East gave property investors a disappointing capital gain figure when compared to the rest of the state, with 6.27%.
If we look at median property appreciation over just the last three months, Balmain East has given property investors a paper return of -6.55%. This puts Suburb as 1336 on a list of fastest fasting appreciating suburbs in NSW
Renters in Suburb are facing rents around $11940 per annum or $995 every week.
NSW has seen average median house prices change by 8.39% which means that Balmain East, 2041 has done well for property investors by showing a capital gain of 14.16% over the last year
Comparing Balmain East,2041 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
With the median price for a house in Balmain East being $1084500 and the advertised rent reaching $595 the gross rental yield for property investors calculates out to be 2.85%