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Balgowlah Heights

POSTAL CODE: NSW, 2093
HOUSE

Homeowners and real estate investors betting on BALGOWLAH HEIGHTS, 2093 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 25.25%.

A steady increase in median property prices over a five-year period in the suburb translates to a 14.51% capital gain.

Property investors in BALGOWLAH HEIGHTS enjoyed capital gains of 25.25% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also 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 $5,010,000.

Profits due to an upward trend in home prices there averaged 4.84% per annum over a 3-year period.

Home owners selling their properties and realtors in BALGOWLAH HEIGHTS usually have to wait an average of 34.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $2000 mark, reflecting a 2.08% increase in returns based on the current median price in BALGOWLAH HEIGHTS.

BALGOWLAH HEIGHTS, 2093 places 70th in Australia based on median property value growth during the quarter.

Surburb overview

Balgowlah Heights, located approximately 11 kilometres northeast of Sydney's central business district, is a suburb within the Northern Beaches region of New South Wales. It falls under the jurisdiction of the Northern Beaches Council and shares the 2093 postcode with the adjacent suburbs of Balgowlah and North Balgowlah.

Perched on a ridge up to 80 metres above North Harbour and Middle Harbour, Balgowlah Heights offers residents panoramic views of the harbour, the Eastern Suburbs, and the Spit Bridge. The suburb features remnants of Sydney Harbour bushland, particularly around Dobroyd Head and Grotto Point, which provide natural scenic beauty. Tania Park, located at the eastern fringe, is a popular recreational area where visitors can observe the Manly ferry en route to Circular Quay.

As of the 2016 census, Balgowlah Heights had 3,546 residents. The median age was 45, and 68.1% of people were born in Australia and 10.6% in England. English was the predominant language spoken at home, accounting for 86.3% of households.

Balgowlah Heights Public School serves the suburb, catering to Kindergarten through Year 6 students. Established in 1933, the school had an enrollment of approximately 704 students and a teaching staff 35 as of 2023.

Regarding real estate, Balgowlah Heights is known for its premium properties, often commanding high prices due to their desirable location and views. The median house sold price over the last year is approximately $4,000,000.

Balgowlah Heights offers a peaceful, family-friendly environment with easy access to local parks, beaches, and amenities, making it a sought-after suburb within Sydney's Northern Beaches.

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