At number 839th in the list of Australian suburbs ordered by increase in median house value over the last year, Balgowlah Heights, 2093 is in the top 30% with a property value increase of 15.96% recorded in median house prices.
The five-year average increase in median property values for Balgowlah Heights,2093 has given property investors a potential capital gain of 49.32% across each of those five years.
Property buyers and investors in Balgowlah Heights 2093 should be seeing an average reduction in asking price of around -3.32% . This means that Balgowlah Heights is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $1550 and the average annual increase in value of a median property of 6.22%, investors should hope to achieve an overall return of 2.96%