Balgowlah NSW 2093: Property Market Report & Real Estate Insights

Part of Northern Beaches, NSW

Balgowlah Real Estate Market Outlook

Thinking about buying in Balgowlah? Now could not be a better time, with 5133 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $3,302,000 with prices in this suburb ranging from $56,000 to $787,520,000. Balgowlah is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Living in Balgowlah

Consistent high demand relative to supply is a key feature in Balgowlah driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Balgowlah ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Balgowlah classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Balgowlah necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

Balgowlah, located in the Northern Beaches of New South Wales, presents a vibrant and appealing housing market, characterized by a diverse mix of properties ranging from stylish modern apartments to charming older homes. This suburb is particularly attractive to families and professionals due to its proximity to beaches, parks, and the Sydney CBD, which is just a short commute away. In recent years, Balgowlah's housing market has experienced notable appreciation, driven by the suburb's desirable location and the overall demand in the Northern Beaches area. Buyers looking for a blend of suburban tranquility with urban convenience find Balgowlah an enticing option. With a strong community atmosphere, a variety of local amenities, and well-regarded schools, the suburb continues to be a coveted destination for those seeking a balanced lifestyle.

Living in Balgowlah offers residents a unique blend of coastal and urban lifestyles. The suburb provides easy access to beautiful beaches such as Manly and Shelly Beach, making it perfect for those who enjoy outdoor activities like surfing, swimming, and coastal walks. The vibrant local scene includes a range of cafes, restaurants, and boutique shops, offering plenty of options for dining and shopping. Balgowlah's close-knit community organizes various events and activities throughout the year, fostering a strong sense of belonging among residents. Public transport is efficient, with regular bus services offering convenient routes to the CBD and neighboring suburbs. With its picturesque scenery, welcoming community, and convenient location, Balgowlah is an ideal place for individuals and families looking to enjoy the best of what the Northern Beaches have to offer.

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