REDBANK PLAINS 
1 MIN READNew Government Should Change The Conversation About Investing: PIPA
The Property Investment Professionals of Australia (PIPA) has issued a firm call to the new government: prioritise the r...
Read More
Belmont SouthBelmont South - SUBURB PROFILE REPORT
SHARE 
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also 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 $740,500.
The upward trend in home prices in BELMONT SOUTH, 2280 averaged 10.94% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in BELMONT SOUTH.
An average of 1.5 real estate transactions take place per month in BELMONT SOUTH which translates to 18 per annum.
18 properties were sold in BELMONT SOUTH in 2016, making it the 1058th most active market in NSW based on total real estate transactions.
BELMONT SOUTH, 2280 places 512th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $740,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.28% | N/A |
| Median 12 month | 28.78% | N/A |
| Median 3 years | 32.83% | N/A |
| Median 5 years | 71.21% | N/A |
| 10 years average annual | 9.67% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 32.9 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
