NSW has seen average median house prices change by 10.96% which means that Balmoral, 2283 has done well for property investors by showing a capital gain of 5.79% over the last year
Balmoral,2283 was ranked 1564 in Australia by increase in median property value over the quarter.
Vendor discounting in Balmoral is giving property investors an average Vendor Discount of around -3.65%. This puts suburb at number 943th in NSW when ranking the most discounted suburbs.
At number 1265 in a list of fastest selling suburbs, Balmoral is in the TOP 40% of suburbs in Australia with an average of days on market 59.5 for properties listed there.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.27%, without taking into account capital value appreciation, which has been averaging out at 5.12%.