A steady increase in median property prices over a five-year period in the suburb translates to a 16.67% capital gain.
It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $700,000
The augmented property values in the suburb are trailing above the territorial average of 2.39% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $582.5.
Home owners selling their properties and realtors in BELMONT usually have to wait an average of 46.6 days days before their assets are lifted off the market.
The QLD suburb ranks 486th on the list of best yielding suburbs for rental properties in QLD, posting a 4.33% return.
It also places places 464th in Australia based on median property value growth during the quarter.
With the median home price in BELMONT sitting at $377,750, and the average rent at $425, property owners could potentially earn a 5.85% increase in gross rental yield.
BELMONT, 4153 in QLD belongs to the local government area of Brisbane.
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