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AREA REPORTS

Balmoral

NSW/
Balmoral

Suburb Profile

Balmoral - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2283

house

BALMORAL, 2283 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling BALMORAL, 2283 values up and netting property investors a capital gain of 15.65% for the past year.

Investors saw the median home price rise to $558,000.

Profits due to an upward trend in home prices in the suburb averaged 5.82% per annum over a 3-year period.

BALMORAL now ranks at the 139th place on a list of fastest growing suburbs in the territory.

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

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BALMORAL, homes and units usually stay on listing for an average of 0.0 days.

In 2016, 13 properties were sold in BALMORAL during the past year, making it the 1297th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $558,000 N/A
GROWTH REPORT
Median Quarterly 5.28% N/A
Median 12 month 15.65% N/A
Median 3 years 17.47% N/A
Median 5 years 55% N/A
10 years average annual 6.18% N/A
Weekly media advert. rent N/A N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
787
Weekly Household Income
1229
Household Size
2.90
demographics
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