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Investment Property Balgownie, NSW, 2519

Suburb Snapshot

Balgownie is a suburb in the Wollongong Region of New South Wales. Balgownie has a population of 5,528 people and 18.59% of its occupants live in rental accommodation. The median listing price for houses is $1,400,000 and this has changed 7.69% over the past year and changed 8.52% over 2 years.

The median rent in Balgownie for houses is $750 per week and the median rental yield is 2.78%. Stock on the market for houses/townhouses has changed 31.25% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Balgownie is NA per week, producing a rental yield of NA.

Supply & Demand in Balgownie, Wollongong

0.71%

Current vacancy rate


17

Rental stock available


5,528

Population


18.59%

Rental population


0.81%

Current vacancy rate


777

Rental stock available


203,627

Population


27.34%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Balgownie, Wollongong

  House Townhouses Units
Median listing price $1,400,000 $995,000 NA
Median price change - last quarter 0.35% -5.24% NA
Median price change - 1 year 7.69% 8.15% NA
Median price change - 2 years 8.52% 0.55% NA
  House Townhouses Units
Median weekly rent $750 $725 NA
Median yield % 2.78% 3.78% NA
Median rent change - 1 year 6.38% 11.53% NA
  House Units
Previous month sales 12 0
Stock on market previous month 21 1
Stock variance vs. last year 31.25% -50.00%
Average days on market 68 NA

Balgownie investment property listings

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