Giving property investors a an average capital gain of 7.97% for the last year, Balwyn North, 3104 is the 1930th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Balwyn North has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -8.63% to buyers in Balwyn North at the moment, which is less than average for the rest of VIC.
Property investors should expect to get $630 weekly from the median priced house in this suburb.
Property value increases in Balwyn North have tracked lower than the VIC average of 6.52% over the last 12 months.
Balwyn North,3104 was ranked 1501 in Australia by increase in median property value over the quarter.
The most recent median price for Balwyn North is $987500, with sellers offering an average of -9.21% off the asking price.
Advertised rents are around the $460 mark per week – giving a return of 2.42% based on the median price in Suburb