If you compare the increase in value of investment property in Balga, 6061 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this WA suburb was 7.25%.
The five-year average increase in median property values for Balga,6061 has given property investors a potential capital gain of 1.37% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Balga, 6061. Typically our figures indicate that -7.50% is being offered, which puts this WA suburb at 2510th most discounted overall in Australia.
Situated 10.20km from the CBD, Balga is one of Stirling localities in the postcode 6061
Most sought-after properties : The most recent median house price for Balga is $425,000 to the $499,000 price.
Most common properties: Balga is undergoing re-zoning at present most common are 3x1 – 3x2s mostly for younger couples. Small families
Local industry and business: Balga has high school and primary schools, Shopping plaza off Balga Ave, is close to industrial areas Balcatta.
Best streets: The most popular streets in Balga are Kilmurray Way, Balga and Modena Place, Balga. Both streets have a 4 ½ star rating, Very quite and well maintained.
Public transport: The suburb is served by a number of Transperth bus routes operated by Path Transit. The 372 (Mirrabooka-Marangaroo) covers Marangaroo Drive and inner portions of the Suburb, the 346 (Perth–Wanneroo) covers Wanneroo Road, and the 363, 373 and 374 (Perth–Marangaroo) routes along with various routes from Mirrabooka bus station cover other parts of the suburb.
Main arteries: Balga is 13 kilometres north of Perth, and is bounded by Wanneroo Road to the west, Reid Highway to the south, Mirrabooka Avenue to the east and Beach Road to the north..
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