Based on its average 5-year and quarterly capital gains BELLERIVE, 7018 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 BELLERIVE, 7018 obtained a 2.41% growth over a ten-year period. It ranks 2959th on our list of suburbs that property investors should look into.
BELLERIVE, 7018 in TAS belongs to the local government area of Clarence.
BELLERIVE, 7018 has a capital gain of 0.94% for the past year, which is lower than average compared to its 16.47% growth within a five-year period.
With the median home price in BELLERIVE sitting at $454,250, and the average rent at $380, property owners could potentially earn a 4.35% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BELLERIVE are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $454,250 | $308,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0.44% | -1.28% |
| Median 12 month | 0.94% | 2.83% |
| Median 3 years | 18.37% | 4.4% |
| Median 5 years | 16.47% | 6.38% |
| 10 years average annual | 2.41% | 3.46% |
| Weekly media advert. rent | $380 | $305 |
| Time on Market | 38.9 days | 49.1 days |
| Gross Rental Yield Percent | 4.35% | 5.14% |
If Apra think they are going to lower...
Hopefully this will increase the value...
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