AREA REPORTS

Belmore

 

 

NSW/
Belmore

Suburb Profile

Belmore - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2192

house
unit

Property investments in BELMORE fare well against the rest of the country last year, registering a median home price increase of -13.86%.

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

Based on its average 5-year and quarterly capital gains BELMORE, 2192 saw average growth in the long term.

Real estate investors could earn a rental income of $620 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 62.7 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,050,000.

BELMORE ranks 895th on the list of best yielding suburbs for rental properties in NSW, posting a 3.07% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,050,000 $560,000
GROWTH REPORT
Median Quarterly 0% -1.75%
Median 12 month -13.86% -0.88%
Median 3 years -2.55% -8.05%
Median 5 years 40.75% 49.33%
10 years average annual 9.59% 10.16%
Weekly media advert. rent $620 $410
Time on Market 62.7 days 50.6 days
Gross Rental Yield Percent 3.07% 3.81%
demographics (median values)
Total Population
12131
Weekly Household Income
802.3
Household Size
2.70
demographics
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