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Belmont South

Suburb Profile

Belmont South - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2280

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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 $525,000.

The upward trend in home prices in BELMONT SOUTH, 2280 averaged 1.79% per annum over a 3-year period.

Average weekly rents on listings have reached the $385 mark, reflecting a 3.81% increase in returns based on the current median price in BELMONT SOUTH.

An average of 1.75 real estate transactions take place per month in BELMONT SOUTH which translates to 21 per annum.

21 properties were sold in BELMONT SOUTH in 2016, making it the 852nd most active market in NSW based on total real estate transactions.

BELMONT SOUTH, 2280 places 1101st in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $525,000 N/A
GROWTH REPORT
Median Quarterly -4.02% N/A
Median 12 month -14.63% N/A
Median 3 years 5.37% N/A
Median 5 years 18.78% N/A
10 years average annual 5.82% N/A
Weekly media advert. rent $385 N/A
Time on Market 132.0 days N/A
Gross Rental Yield Percent 3.81% N/A
demographics (median values)
Total Population
1165
Weekly Household Income
681.4
Household Size
2.50
demographics
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