BALMAIN EAST ranks 88th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 20.75% for the past year is higher than average compared to its 96.92% growth within a five-year period.
Also in BALMAIN EAST, the median home price is sitting at $3,200,000, and the average rent at $1200, this suggests property owners could potentially earn a 1.95% increase in gross rental yield.
Property investors have seen a 5.26% gain in BALMAIN EAST based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on BALMAIN EAST, 2041 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 20.75%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.97% growth over a ten-year period. It ranks 231st on our list of suburbs that property investors should look into.
BALMAIN EAST, 2041 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,055,000.
Augmented property values in BALMAIN EAST are trailing behind the NSW average of 5.81% for the past year.
Real estate investors could earn a rental income of $599.5 based on current median home prices for the suburb.
Home owners selling their properties and realtors in BALMAIN EAST usually have to wait an average of 0.0 days days before their assets are lifted off the market.
BALMAIN EAST ranks 545th on the list of best yielding suburbs for rental properties in NSW, posting a 2.95% return.
BALMAIN EAST, 2041 places 470th in Australia based on median property value growth during the quarter.