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Bellerive
AREA REPORTS

Bellerive

Bellerive - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7018

house
unit

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 9.99% growth over a ten-year period. It ranks 8th on our list of suburbs that property investors should look into.

BELLERIVE, 7018 in TAS belongs to the local government area of Clarence (C).

BELLERIVE, 7018 has a capital gain of 28.59% for the past year, which is higher than average compared to its 108.43% growth within a five-year period.

With the median home price in BELLERIVE sitting at $940,000, and the average rent at $500, property owners could potentially earn a 2.77% 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.

A 28.59% increase in median property prices in BELLERIVE, 7018 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 82nd.

Data report can be found below

Bellerive
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $940,000 $540,900
GROWTH REPORT
Median Quarterly 6.82% 5.54%
Median 12 month 28.59% 24.92%
Median 3 years 54.73% 24.34%
Median 5 years 108.43% 71.71%
10 years average annual 9.99% 6.26%
Weekly media advert. rent $500 $430
Time on Market 18.1 days 21.3 days
Gross Rental Yield Percent 2.77% 4.13%
demographics (median values)*
Total Population
21027
Weekly Household Income
1259
Household Size
2.30
Age
44
Monthly Loan Repayment
1500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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