Balgowlah, NSW

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Livability Index
119.4
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Population: 7495

House Growth Prediction (per annual): 30%, 437th out of 5061

Unit Growth Prediction (per annual): 23%, 250th out of 2987

Keywords: High Price, Active Market, Valuable Market, Business Area, High Population, Nature, Young, Born Overseas, Well Educated, Professional, Media, Finance, Real Estate, High Salary, Investment, High Rent, Valuable House

Basics

Balgowlah is a local community with population 7,495, and the population growth over the past decade is 19%. It has an average income $79,683.33 per annum. It has 83.5% of population who only speak English at home. Other top languages include French, Greek, Italian, Cantonese, Spanish. Unemployment rate in Balgowlah is 3.7% while people work as professionals is 34.8%. Balgowlah has 1 Coles stores and 2 Woolworth stores. Its population density is 1,041.64 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Balgowlah has Socio-Economic raw score 1108.8 while the average score across Australia is 1000. Therefore, Balgowlah has advantage in terms of Socio-Economic measure. It obtains relative score 95 out of 100 across Australia, while relative score 92 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Balgowlah has a livability index 114.1, which is higher than average 100 across Australia. It ranks 292th out of 8,530 suburbs across Australia. Therefore, it is a suburb more livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 17.3% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Balgowlah has a higher than average growth expectation. It ranks 6,587th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Balgowlah is predicted to grow by 8.9% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Balgowlah has a higher than average growth. It ranks 3,601th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school NA the attractiveness of Balgowlah, which obtains score of NA out of 100 within NSW based on local primary school student exam performance. NA primary school, secondary public school NA the attractiveness of Balgowlah, which obtains score of NA out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Balgowlah has a NA than average score, which is NA out of 100. NA to primary school, secondary school has NA than average score, which is NA out of 100.

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Balgowlah, NSW smart rating was calculated by GeoIndex Australia.

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