Powered by MOMENTUM MEDIA
AREA REPORTS

Balgowlah

Suburb Profile

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

house
unit

Property investors enjoyed capital gains of 12.5% 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 6.97% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $995 based on current median home prices for the suburb.

On average, rents on listings have reached the $995 mark, reflecting a 2.21% increase in returns based on the current median price in BALGOWLAH.

BALGOWLAH, 2093 ranks 358th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 984th on the list of best yielding suburbs for rental properties in NSW, posting a 2.21% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,340,000 $1,287,500
GROWTH REPORT
Median Quarterly 0.62% 0%
Median 12 month 12.5% 20.89%
Median 3 years 6.97% -0.96%
Median 5 years 36.05% 42.66%
10 years average annual 6.33% 7.49%
Weekly media advert. rent $995 $600
Time on Market 61.0 days 37.3 days
Gross Rental Yield Percent 2.21% 2.42%
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

Subscribe to get the latest news and updates

Aussies forgo home loan applications for camper purchases in December

Home loan applications ticked down in December, following a record high November, new data has revealed.  ...

Brisbane CBD dubbed Qld’s ‘only healthy rental market’

Brisbane’s inner-city rental market has made a comeback with a 3.3 per cent vacancy rate, solidifying an upward trend for the Queensland m...

Brisbane, Adelaide prices tipped to grow as investors zero in on smaller cities

Brisbane, Adelaide and Perth are tipped to experience the strongest price growth this year, as 19 per cent of existing investors explore ne...

Double-digit price growth to stick around as ‘property boom’ arrives

Double-digit price growth to stick around as ‘property boom’ arrives

According to leading indicators, Australia’s property boom officially began in November, following several slow months on the back of the ...

Sydney, Melbourne boast highest capital city sales

Sydney, Melbourne boast highest capital city sales

After a COVID-induced downturn, Sydney and Melbourne have reinforced their continued recovery, logging more sales than the remaining capital...

Housing construction to ‘bottom out’ mid-2021

The construction of new homes in Australia is forecast to “get worse before it gets better”, according to Deloitte Access Economics, b...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.