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Balmain East

Suburb Profile

Balmain East - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2041

house
unit
BALMAIN EAST ranks 56th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -6.2% for the past year is lower than average compared to its 44.77% growth within a five-year period.

Also in BALMAIN EAST, the median home price is sitting at $2,837,500, and the average rent at $1270, this suggests property owners could potentially earn a 2.33% increase in gross rental yield.

Property investors have seen a -2.16% drop in BALMAIN EAST based on a decrease in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.55% growth over a ten-year period. It ranks 875th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,837,500 $1,495,000
GROWTH REPORT
Median Quarterly -2.16% N/A
Median 12 month -6.2% 17.72%
Median 3 years 8.1% 57.37%
Median 5 years 44.77% 52.16%
10 years average annual 6.55% 10.43%
Weekly media advert. rent $1270 $695
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 2.33% 2.42%
demographics (median values)
Total Population
1691
Weekly Household Income
1968
Household Size
2.10
demographics
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