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Belmont

POSTAL CODE: QLD, 4153
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A steady increase in median property prices over a five-year period in the suburb translates to a 43.56% 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 $1,450,000

The augmented property values in the suburb are trailing above the territorial average of 12.37% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $850.

Home owners selling their properties and realtors in BELMONT usually have to wait an average of 29 days days before their assets are lifted off the market.

The QLD suburb ranks 603rd on the list of best yielding suburbs for rental properties in QLD, posting a 3.05% return.

It also places places 383rd in Australia based on median property value growth during the quarter.

Surburb overview

Belmont is a suburb located approximately 13 kilometres east-southeast of Brisbane's central business district. 

According to the 2021 census, Belmont has 4,498 residents. The suburb's demographic profile includes professionals, managers, and clerical and administrative workers. The predominant age group is 40–49, and households are primarily couples with children. 

Public transportation options in Belmont are limited, and residents are heavily dependent on car transport. Approximately 57.1% of residents use cars as their primary mode of transportation, while only 5.4% use public transport. The suburb's layout and available services contribute to this car dependency.

While Belmont does not have its schools, nearby educational institutions include Belmont State School in Carindale, Tingalpa State School, and Gumdale State School.  For shopping and essential services, residents often visit the nearby Westfield Carindale shopping centre, which offers a wide range of retail outlets, dining options, and entertainment facilities.

Belmont offers notable recreational opportunities, with several parks and green spaces available for outdoor activities. The Belmont Rifle Range hosts various sports shooting clubs and has been a venue for significant events, including the shooting events for the 1982 and 2018 Commonwealth Games. Additionally, the suburb's proximity to the Gateway Motorway provides residents with easy access to the Gold Coast and Sunshine Coast for weekend getaways.

Belmont offers a suburban lifestyle that combines residential living with access to essential amenities. It suits families and professionals seeking a balance between urban convenience and suburban tranquillity. 

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