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Belair
AREA REPORTS

Belair

Belair - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5052

house

Property investors have seen a 6.22% gain in BELAIR based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on BELAIR, 5052 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 35.93%.

Based on its average 5-year and quarterly capital gains BELAIR, 5052 saw average growth in the long term.

The SA suburb 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 $917,500

Profits averaged 15.02% per annum over a 3-year period, due to an upward trend in home prices in BELAIR, 5052.

This means, real estate investors could earn a rental income of $585 based on current median home prices for the suburb.

The gross rental yield in BELAIR, 5052 is 3.32%.

An average of 6.92 real estate transactions take place per month in BELAIR which translates to 83 per annum.

Data report can be found below

Belair
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $917,500 N/A
GROWTH REPORT
Median Quarterly 6.22% N/A
Median 12 month 35.93% N/A
Median 3 years 45.06% N/A
Median 5 years 57.92% N/A
10 years average annual 6.39% N/A
Weekly media advert. rent $585 N/A
Time on Market 44.6 days N/A
Gross Rental Yield Percent 3.32% N/A
demographics (median values)*
Total Population
6369
Weekly Household Income
1829
Household Size
2.60
Age
45
Monthly Loan Repayment
1831
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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