North Balgowlah

POSTAL CODE: NSW, 2093
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 19.56% capital gain.

It 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 $3,377,500

The augmented property values in the suburb are trailing above the territorial average of 5.34% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $1700.

Home owners selling their properties and realtors in NORTH BALGOWLAH usually have to wait an average of 33.4 days days before their assets are lifted off the market.

The NSW suburb ranks 832nd on the list of best yielding suburbs for rental properties in NSW, posting a 2.62% return.

It also places places 656th in Australia based on median property value growth during the quarter.

Surburb overview

North Balgowlah, located approximately 13 kilometres northeast of Sydney's central business district, is a suburb in the Northern Beaches region of New South Wales. It is under the jurisdiction of the Northern Beaches Council and shares the 2093 postcode with the adjacent suburbs of Balgowlah and Balgowlah Heights.

As of the 2016 census, North Balgowlah had a population of 3,816 residents. The suburb is predominantly residential, featuring a mix of housing styles that cater to families and professionals.

North Balgowlah offers access to the Manly Dam Memorial Park from many of its streets, providing bushwalking, kayaking, swimming, and water-skiing opportunities. The park also features multiple picnic areas and a children's playground, making it a popular spot for families and outdoor enthusiasts.

The suburb is home to a primary school, a community centre, parks, and local shops, contributing to a close-knit community atmosphere. Public transportation options are available, with bus services connecting North Balgowlah to surrounding suburbs and the Sydney CBD.

Regarding real estate, North Balgowlah offers a variety of properties, with current listings available for those interested in purchasing a home in the area.

North Balgowlah provides a suburban lifestyle with convenient access to natural attractions and essential amenities, making it a desirable location within Sydney's Northern Beaches. 

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