Property Lane Realty Property Report

398 Sydney Road
Balgowlah, NSW 2093

This report will give you an in-depth understanding of your property and local market performance.

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Property Details & History

398 Sydney Road , Balgowlah, NSW 2093

Note that if these details are incorrect then your estimate may be inaccurate. We recommend speaking to Property Lane Realty for an accurate market value.

  • 10 Sep, 2021

    Private Treaty - Sold

    Price: $1,029,325

Suburb Insights

Balgowlah

Balgowlah Market Performance Highlights

Here you can see the historical performance of Balgowlah properties over the past 10 years. Let's take a look at the data for the most recent quarter. The house market increased 13.46% with a median sale price of $2,950,000 and a total of 41 houses were sold, while the unit market increased 16.13% with a median sale price of $1,800,000 and a total of 14 units were sold. The average days on market for houses was 38, while the average days on market for units was 0. The auction clearance rate for the quarter for houses was an average of 70.97%, while the auction clearance rate for the quarter for units was an average of 66.67%. We can help you understand how these market trends have affected your property.

Market Performance

House

$2,950,000 13.46%

Median sale price for houses in Balgowlah went up 13.46% in the last year.

Unit

$1,800,000 16.13%

Median sale price for units in Balgowlah went up 16.13% in the last year.

House

41 28.13%

Properties sold for houses in Balgowlah went up 28.13% in the last year.

Unit

14 -22.22%

Properties sold for units in Balgowlah went down 22.22% in the last year.

House

70.97% 15.32%

Auction clearance for houses in Balgowlah went up 15.32% in the last year.

Unit

66.67% 11.12%

Auction clearance for units in Balgowlah went up 11.12% in the last year.

House

38 46.15%

Average days on market for houses in Balgowlah went up 46.15% in the last year.

Unit

0 -100.00%

Average days on market for units in Balgowlah went down 100.00% in the last year.

The above information is from 2024.

Balgowlah Demographics

Average

0

Population

0

Median Rent

$550 to $649

Household Income

$4000+

Dwelling Structure

Flat 40.27%
Separate House 34.62%
Semi/Terrace 23.1%
Other 2.03%
Not Stated 0.16%

Home Ownership Type

Fully Owned 34.15%
Purchasing 32.85%
Rented 31.23%
Other tenure type 1.02%
Not Stated 0.67%

Method of Travel to Work

Worked at home 53.44%
Car (driver) 23.62%
Did not go to work 11.81%
Bus 3.11%
Walked only 2.8%
Car (Pas.) 1.74%
Bicycle 0.64%
Motorbike/scooter 0.64%
Truck 0.38%
Other two 0.33%
Other 0.24%
Not Stated 0.21%
Bus & Car (driver) 0.19%
Train & Bus 0.16%
Bus & Car (Pas.) 0.12%
Bus & Ferry 0.07%
Bus & Other 0.07%
Train & other two 0.07%

Industry of Employment

Professionals 36.14%
Managers 23.72%
Clerical and Administrative Workers 11.11%
Community and Personal Service Workers 7.93%
Sales Workers 7.86%
Technicians and Trade Workers 7.11%
Labourers 2.87%
Machinery Operators and Drivers 1.79%
Inadequately Described/Not Stated 1.44%

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