TAS/
Bellerive

Suburb Profile

Bellerive - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7018

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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 4.57% growth over a ten-year period. It ranks 1665th 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 21.08% for the past year, which is higher than average compared to its 46.86% growth within a five-year period.

With the median home price in BELLERIVE sitting at $550,000, and the average rent at $440, property owners could potentially earn a 4.16% 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 21.08% 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 29th.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $550,000 $363,000
GROWTH REPORT
Median Quarterly 4.96% 6.76%
Median 12 month 21.08% 10.84%
Median 3 years 30.95% 23.05%
Median 5 years 46.86% 26.26%
10 years average annual 4.57% 4.67%
Weekly media advert. rent $440 $340
Time on Market 25.6 days 19.2 days
Gross Rental Yield Percent 4.16% 4.87%
demographics (median values)
Total Population
4312
Weekly Household Income
814.7
Household Size
2.20
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Bellerive, TAS
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