AREA REPORTS

Balgownie

Suburb Profile

Balgownie - FREE SUBURB PROFILE REPORT
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 6.87% growth over a ten-year period. It ranks 1023rd 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 -6.14% for the past year, which is lower than average compared to its 64.81% growth within a five-year period.

With the median home price in BALGOWNIE sitting at $890,000, and the average rent at $550, property owners could potentially earn a 3.21% 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.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $890,000 $715,000
GROWTH REPORT
Median Quarterly -3.78% 2.14%
Median 12 month -6.14% 12.38%
Median 3 years 28.06% 33.64%
Median 5 years 64.81% 83.33%
10 years average annual 6.87% 6.81%
Weekly media advert. rent $550 $495
Time on Market 70.5 days 80.0 days
Gross Rental Yield Percent 3.21% 3.6%
demographics (median values)
Total Population
5580
Weekly Household Income
1156
Household Size
2.70
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