Bellevue Hill

POSTAL CODE: NSW, 2023
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Property investors enjoyed capital gains of 9.54% over the last 12 months in BELLEVUE HILL, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 11.72% growth over a ten-year period. It ranks 4060th on our list of suburbs that property investors should look into.

BELLEVUE HILL, 2023 has a capital gain of 9.54% for the past year, which is lower than average compared to its 87.31% growth within a five-year period.

With the median home price in BELLEVUE HILL sitting at $12,175,000, and the average rent at $1250, property owners could potentially earn a 0.53% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in BELLEVUE HILL are low, as opposed to average gains per annum over the past five years.

BELLEVUE HILL, 2023 in NSW belongs to the local government area of Woollahra.

Surburb overview

Bellevue Hill is an affluent suburb approximately 5 kilometres east of the Sydney Central Business District. It falls within the Woollahra Council Local Government Area and is known for its prestigious residences, tree-lined streets, and commanding views of Sydney Harbour. The suburb is home to some of Sydney’s most luxurious properties, including grand estates and heritage-listed homes.

According to the most recent Census, Bellevue Hill has a population of around 10,716 people, with a median age of 43. The suburb’s residents are predominantly Australian-born, with significant communities from the United Kingdom, South Africa, and New Zealand. The area is characterised by many professionals, with many residents working in executive and managerial roles.

Public transport options in Bellevue Hill include bus services connecting the suburb to Bondi Junction and the Sydney CBD. Bondi Junction railway station, located nearby, provides access to the T4 Eastern Suburbs & Illawarra Line, offering convenient connectivity for commuters. The suburb is also well-served by major roads such as Old South Head Road, making it easily accessible by car.

Bellevue Hill is known for its proximity to several prestigious schools, making it a popular choice for families. These include The Scots College, Cranbrook School, and Kambala School, among Sydney's top private educational institutions. The suburb is also close to Bondi Beach and Double Bay, providing access to various recreational activities, shopping, and dining options.

The suburb offers a serene, village-like atmosphere with abundant green spaces and parks, such as Cooper Park and Bellevue Park. These areas provide residents with opportunities for outdoor activities like walking, jogging, and picnicking.

With its exclusivity, family-friendly amenities, and proximity to some of Sydney’s best recreational and lifestyle offerings, Bellevue Hill remains one of the city’s most desirable residential suburbs.

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