NSW/
Balgowlah

Suburb Profile

Balgowlah - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2093

house
unit

Property investors enjoyed capital gains of 10.67% over the last 12 months in BALGOWLAH, translating to lower returns compared with its peers in NSW.

Figures from the previous quarter show that capital gains for real estate buyers in BALGOWLAH are low, as opposed to average gains per annum over the past five years.

The suburb posted a 50% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $1295 based on current median home prices for the suburb.

On average, rents on listings have reached the $1295 mark, reflecting a 3.21% increase in returns based on the current median price in BALGOWLAH.

BALGOWLAH, 2093 ranks 319th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 750th on the list of best yielding suburbs for rental properties in NSW, posting a 3.21% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,100,000 $1,120,000
GROWTH REPORT
Median Quarterly 8.33% 11.67%
Median 12 month 10.67% 19.02%
Median 3 years 50% 50.34%
Median 5 years 82.37% 79.2%
10 years average annual 8.32% 9.79%
Weekly media advert. rent $1295 $642.5
Time on Market 56.6 days 26.1 days
Gross Rental Yield Percent 3.21% 2.98%
demographics (median values)
Total Population
6414
Weekly Household Income
1478
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type
promoted stories