Suburb Profile Report for Balgowlah Heights NSW (2093)

Balgowlah Heights House: Median price $2,747,500, Annual capital growth 7.12%, Number of sales 45, Weekly median advertised rent $1,525

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Giving property investors a an average capital gain of 0.09% for the last year, Balgowlah Heights, 2093 is the 1741th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Balgowlah Heights comes in at number 693th in NSW.

At number 2314 in a list of fastest selling suburbs, Balgowlah Heights is in the bottom 40% of suburbs in Australia with an average of days on market 85.1818 for properties listed there.

Using the current median advertised rental of $1525 and the average annual increase in value of a median property of 7.12%, investors should hope to achieve an overall return of 2.89%

Metrics i HOUSE UNIT
$2,747,500 N/A
5.37% N/A
0.09% N/A
7.12% N/A
$1,525 N/A
45 N/A
2.89% N/A
85.1818181818182 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 3268
Median household income ($/weekly) 2695
Median age of persons 40
Median housing loan repayment ($/monthly) 3987
Average household size 3.1
  • Census Count Percent(%)
    0-4 years 246 7.5
    5-14 years 636 19.5
    35-44 years 484 14.8
    45-54 years 571 17.5
    55-64 years 364 11.1
    Others 966 29.6
    Age Group
    Census Count Percent(%)
    Registered Married 1489 66.2
    Not Married 674 30.0
    Defacto Relationship 86 3.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2222 69.8
    Papua New Guinea 72 2.3
    South Africa 89 2.8
    United Kingdom 422 13.3
    Other 122 3.8
    Others 257 8.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 35 1.1
    Christianity 2279 74.6
    Judaism 8 0.3
    Other Religious Groups 11 0.4
    No Religion 714 23.4
    Others 7 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $2,000-$2,499 57 6.4
    $2,500-$2,999 183 20.6
    $3,000-$3,499 94 10.6
    $3,500 -$3,999 61 6.9
    $4,000 or more 177 19.9
    Others 317 35.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 843 36.2
    Not in the labour force 827 35.5
    Employed, worked part-time 532 22.8
    Employed, away from work 85 3.6
    Unemployed, looking for work 43 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 347 23.8
    Professionals 575 39.4
    Community & personal service workers 106 7.3
    Clerical & administrative workers 190 13.0
    Sales 94 6.4
    Others 147 10.1
    Occupation
    Census Count Percent(%)
    Pre-school 104 9.9
    Infants/Primary 446 42.4
    Secondary 279 26.5
    Technical or Further Educational Institution 26 2.5
    University or other Tertiary Institutions 172 16.3
    Others 26 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3096 98.6
    Semi-detached, row or terrace house, townhouse 23 0.7
    Flat, unit or apartment 11 0.4
    House or flat attached to a shop, office 10 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 498 49.6
    Being purchased 386 38.4
    Rented 118 11.7
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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