Property Market Update: Brisbane, August 2021
Brisbane property prices went against the grain in August, delivering steady gains as its bigger capital city peers face...
Based on its average 5-year and quarterly capital gains BELLBIRD HEIGHTS, 2325 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that BELLBIRD HEIGHTS, 2325 obtained a 7.28% growth over a ten-year period. It ranks 822nd on our list of suburbs that property investors should look into.
BELLBIRD HEIGHTS, 2325 in NSW belongs to the local government area of Cessnock (C).
BELLBIRD HEIGHTS, 2325 has a capital gain of 39.19% for the past year, which is higher than average compared to its 57.98% growth within a five-year period.
With the median home price in BELLBIRD HEIGHTS sitting at $515,000, and the average rent at $387, property owners could potentially earn a 3.91% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BELLBIRD HEIGHTS are low, as opposed to average gains per annum over the past five years.
A 39.19% increase in median property prices in BELLBIRD HEIGHTS, 2325 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 36th.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||39.19%||N/A|
|Median 3 years||33.77%||N/A|
|Median 5 years||57.98%||N/A|
|10 years average annual||7.28%||N/A|
|Weekly media advert. rent||$387||N/A|
|Time on Market||44.4 days||N/A|
|Gross Rental Yield Percent||3.91%||N/A|