With a capital gain of -5.15% for the last 12 months, Balwyn, 3103 has performed for property investments than its average annual 6.83% property growth over the last 5 years.
Balwyn,3103 was ranked 3715 in Australia by increase in median property value over the quarter.
Balwyn3103 is located in VIC which offers an average discount of -6.90% to property investors. Balwyn itself is showing figures that indicate -8.09% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $39000 per annum or $750 every week.
Investment property in Balwyn has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.71%
Taking the average capital gain, or increase in median house value, Balwyn,3103 has racked up an average of -10.71% over the period. This ranks it number 1041th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Balwyn are currently offering property investors an average price cut of -7.24% below the asking price at the moment.
Balwyn, 3103’s gross rental yield is 3.68%