BELMONT ranks 511th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 28.6% for the past year is higher than average compared to its 65.34% growth within a five-year period.
Also in BELMONT, the median home price is sitting at $625,000, and the average rent at $410, this suggests property owners could potentially earn a 3.41% increase in gross rental yield.
Property investors have seen a -0.4% drop in BELMONT based on a decrease in median home prices for the past three months.
They believe that homeowners and real estate investors betting on BELMONT, 2280 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 28.6%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.35% growth over a ten-year period. It ranks 1168th on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in BELMONT, 2280 translates to a 27.96% capital gain.
BELMONT, 2280 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $460,000.
Augmented property values in BELMONT are trailing above the NSW average of 4.18% for the past year.
Real estate investors could earn a rental income of $370 based on current median home prices for the suburb.
Home owners selling their properties and realtors in BELMONT usually have to wait an average of 70.2 days days before their assets are lifted off the market.
BELMONT ranks 230th on the list of best yielding suburbs for rental properties in NSW, posting a 4.18% return.
BELMONT, 2280 places 277th in Australia based on median property value growth during the quarter.