Suburb Profile Report for Balcolyn NSW (2264)

Balcolyn House: Median price $622,500, Annual capital growth 7.74%, Number of sales 12, Weekly median advertised rent $430

  • 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

Balcolyn, 2264 ranked 29th in NSW when comparing growth in median property values or capital gain over the last 12 months. Balcolyn is one of 3163 in our list for NSW

If we look at median property appreciation over just the last three months, Balcolyn has given property investors a paper return of 4.01%. This puts Suburb as 120 on a list of fastest fasting appreciating suburbs in NSW

Often selling an investment property can take time, and in Balcolyn the average time real estate has been on the market is 110.7 days.

Advertised rents are around the $430 mark per week – giving a return of 3.59% based on the median price in Suburb

Metrics i HOUSE UNIT
$622,500 N/A
4.01% N/A
24.00% N/A
7.74% N/A
$430 N/A
12 N/A
3.59% N/A
110.7 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 818
Median household income ($/weekly) 970
Median age of persons 42
Median housing loan repayment ($/monthly) 1820
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 126 15.4
    25-34 years 91 11.1
    35-44 years 103 12.6
    45-54 years 100 12.2
    55-64 years 111 13.6
    Others 287 35.1
    Age Group
    Census Count Percent(%)
    Registered Married 332 56.4
    Not Married 203 34.5
    Defacto Relationship 54 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 712 90.4
    New Zealand 6 0.8
    Papua New Guinea 5 0.6
    United Kingdom 23 2.9
    Other 24 3.0
    Others 18 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 540 73.0
    No Religion 190 25.7
    Buddhism 7 0.9
    Other Religious Groups 3 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 42 15.2
    $600-$799 31 11.2
    $800-$999 35 12.7
    $1,500-$1,999 28 10.1
    $2,000-$2,499 33 12.0
    Others 107 38.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 274 44.8
    Employed, worked full-time 180 29.4
    Employed, worked part-time 107 17.5
    Unemployed, looking for work 28 4.6
    Employed, away from work 23 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 65 21.2
    Technicians & trades workers 48 15.6
    Community & personal service workers 32 10.4
    Clerical & administrative workers 48 15.6
    Sales 32 10.4
    Others 82 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 22 11.3
    Infants/Primary 77 39.5
    Secondary 52 26.7
    Technical or Further Educational Institution 20 10.3
    University or other Tertiary Institutions 20 10.3
    Others 4 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 761 98.8
    Semi-detached, row or terrace house, townhouse 9 1.2
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 132 44.6
    Being purchased 112 37.8
    Rented 52 17.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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