Question 1

Is North Balgowlah a nice place to live?

Accepted Answer

North Balgowlah is a quiet, leafy Northern Beaches suburb set uphill from the Manly peninsula. Mainly residential, it’s popular with families and professionals seeking easy access to Manly's beaches without the tourists. Tree-lined streets contain interwar cottages, post-war single-storey houses and contemporary renovations, with period features and leafy gardens on many blocks. Residents use nearby parks and bushland reserves with walking tracks, reliable bus links into Manly and the city, and Balgowlah village's shops and cafes for everyday needs.

About 3,816 people live here; household life is dominated by families and most homes are owner-occupied, with an owner-occupier share of 86.1%. Council projects under way include the Safer Neighbourhoods Program delivering lower local speed limits and road-safety infrastructure, a funded landscape plan for North Harbour Reserve to improve accessibility and connectivity, local stormwater and headwall renewal work on Burringbar Street, and a new footpath on Bangaroo Street. That mix of settled residential streets, local parks and convenient transport and shops will suit families and professionals; whether it fits you depends on what you want from a suburb.

Question 2

Is it expensive to live in North Balgowlah?

Accepted Answer

Rents in North Balgowlah sit very differently depending on dwelling type. House rents run to about $1,995 a week, which is roughly 47.4% of a typical local household's weekly income at the last Census and therefore a large share of that income. Units rent at about $690 a week, around 16.4% of the same weekly household income, a modest share. For renters the unit market looks much less stretched against local incomes at the last Census than the house market does.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is North Balgowlah a good place to invest?

Accepted Answer

The standout movement in North Balgowlah over the past year is a very large 40.0% rise in house rents. House values also rose, up 7.2% over the 12 months, so the rent a house earns has grown much faster than its price. Unit rents fell 4.8% over the year, a modest decline.

If rental income is your priority, the strong house rent growth is the figure that matters; if capital growth is what you care about, the 7.2% rise in house values is the relevant number. Whether that balance suits your plans depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	7.2%	N/A
Sold Past 3 months	8	1
Median days on market Past 12 months	24	N/A
Average rent Past 12 months	$1995	$690
Change in rent Past 12 months	40.0%	-4.8%

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