Bellerive

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 7.88% growth over a ten-year period. It ranks 1309th 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 8.76% for the past year, which is higher than average compared to its 31.39% growth within a five-year period.

With the median home price in BELLERIVE sitting at $900,000, and the average rent at $592.5, property owners could potentially earn a 3.42% 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.

Surburb overview

Bellerive, with the postcode 7018, is a suburb located approximately 5 kilometres east of Hobart’s central business district in Tasmania. Situated along the eastern shore of the Derwent River, Bellerive is known for its scenic waterfront views and vibrant community. The population of Bellerive is around 4,500 residents, comprising a mix of families, young professionals, and retirees, contributing to a diverse and dynamic demographic.

Bellerive falls under the jurisdiction of the City of Clarence local government area, which provides well-maintained infrastructure and community services. Public transportation is readily available, with Metro Tasmania buses offering frequent services to Hobart's CBD and surrounding areas. Additionally, the suburb is well-connected by road, making commuting convenient for residents.

The suburb boasts several educational facilities, including Bellerive Primary School and the nearby Rose Bay High School, catering to families with children. For higher education, residents have easy access to the University of Tasmania’s Sandy Bay campus, located just across the river.

Shopping and essential services are well-catered for in Bellerive. The Eastlands Shopping Centre in nearby Rosny Park provides a comprehensive range of retail stores, supermarkets, and dining options. Additionally, Bellerive Village offers a selection of local shops, cafes, and essential services, creating a convenient shopping environment for residents.

Recreational activities in Bellerive are abundant, with numerous parks, sports facilities, and open spaces enhancing the suburb's appeal. Bellerive Beach is a popular destination, offering a sandy shoreline, picnic areas, and playgrounds. The Bellerive Oval, also known as Blundstone Arena, is a major sports venue hosting cricket and AFL matches, attracting sports enthusiasts from across the region.

The suburb's waterfront location provides opportunities for various water-based activities such as sailing, kayaking, and fishing. The Bellerive Yacht Club is a focal point for the local sailing community, offering facilities and events for boating enthusiasts. Additionally, the Kangaroo Bluff Historic Site offers walking trails and historical insights, adding to the recreational options in the area.

Residents of Bellerive benefit from its proximity to Hobart, allowing easy access to the city’s cultural and recreational attractions. These include the Tasmanian Museum and Art Gallery, the Royal Tasmanian Botanical Gardens, and the bustling Salamanca Market. The suburb's well-connected transport links and range of amenities make it a convenient and desirable place to live.

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