Property investors enjoyed capital gains of 13.12% over the last 12 months in BELLAMBI, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in BELLAMBI are low, as opposed to average gains per annum over the past five years.
The suburb posted a 16.28% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $620 based on current median home prices for the suburb.
On average, rents on listings have reached the $620 mark, reflecting a 2.58% increase in returns based on the current median price in BELLAMBI.
BELLAMBI, 2518 ranks 233rd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 849th on the list of best yielding suburbs for rental properties in NSW, posting a 2.58% return.
Property investors have seen a -7.67% drop in BELLAMBI based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BELLAMBI, 2518 saw average growth in the long term.
BELLAMBI, 2518 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 $620,000.
Profits due to an downward trend in home prices in BELLAMBI, 2518 averaged -1.54% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $570 based on current median home prices for the suburb.
The gross rental yield in BELLAMBI, 2518 is 4.78%.
An average of 3.25 real estate transactions take place per month in BELLAMBI which translates to 39 per annum.