Balgownie

POSTAL CODE: NSW, 2519

HOUSE

UNIT

Based on its average 5-year and quarterly capital gains BALGOWNIE, 2519 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that BALGOWNIE, 2519 obtained a 8.26% growth over a ten-year period. It ranks 1126th on our list of suburbs that property investors should look into.

BALGOWNIE, 2519 in NSW belongs to the local government area of Wollongong.

BALGOWNIE, 2519 has a capital gain of 10.61% for the past year, which is higher than average compared to its 35.93% growth within a five-year period.

With the median home price in BALGOWNIE sitting at $1,485,000, and the average rent at $900, property owners could potentially earn a 3.15% increase in gross rental yield.

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

A steady increase in median property prices over a five-year period in BALGOWNIE, 2519 translates to a 10.32% capital gain.

BALGOWNIE, 2519 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 $930,000.

Profits due to an upward trend in home prices in BALGOWNIE, 2519 averaged 3.44% per annum over a 3-year period.

Home owners selling their properties and realtors in BALGOWNIE usually have to wait an average of 38.1 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $772.5 mark, reflecting a 4.32% increase in returns based on the current median price in BALGOWNIE.

BALGOWNIE, 2519 places th in Australia based on median property value growth during the quarter.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Free investor loan check

Better property decisions start with smarter lending.

A free 15-minute finance check for property investors.

15 minutes Free No obligation

What are your lending goals?

Choose a goal to request a callback.

Buying againCheck my borrowing position Equity or refinanceReview my current loans Loan strategyGet a second opinion

Ready to talk?

Book a 15-minute call →

Finni Pty Ltd · Australian Credit Licence 384324 · Privacy

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,485,000	$930,000
Growth Report
Median Quarterly	0%	0%
Median 12 month	10.61%	-5.1%
Median 3 years	24.79%	10.32%
Median 5 years	35.93%	23.59%
10 years average annual	8.26%	5.34%
Weekly media advert. rent	$900	$773
Time on Market	59 days	38.1 days
Gross Rental Yield Percent	3.15%	4.32%

Demographics (Median Values)*

Total Population 16929

Weekly Household Income 1348

Household Size 2.50

Average Age 40

Monthly Loan Repayment 2007

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type

.module-ajax-wrapper-js-only-732 { display: none !important; }