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Balgowlah Heights

Suburb Profile

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

house

A steady increase in median property prices over a five-year period in the suburb translates to a 26.91% capital gain.

Property investors in BALGOWLAH HEIGHTS enjoyed capital gains of 4.13% 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 $2,900,000.

Profits due to an upward trend in home prices there averaged 8.97% per annum over a 3-year period.

Home owners selling their properties and realtors in BALGOWLAH HEIGHTS usually have to wait an average of 53.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $1650 mark, reflecting a 2.96% increase in returns based on the current median price in BALGOWLAH HEIGHTS.

BALGOWLAH HEIGHTS, 2093 places 134th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,900,000 N/A
GROWTH REPORT
Median Quarterly 5.65% N/A
Median 12 month 4.13% N/A
Median 3 years 26.91% N/A
Median 5 years 62.92% N/A
10 years average annual 7.8% N/A
Weekly media advert. rent $1650 N/A
Time on Market 53.0 days N/A
Gross Rental Yield Percent 2.96% N/A
demographics (median values)
Total Population
3190
Weekly Household Income
2506
Household Size
3.00
demographics
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