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Bellfield
AREA REPORTS

Bellfield

Bellfield - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3081

house

A steady increase in median property prices over a five-year period in the suburb translates to a -7.9% capital gain.

It 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 $842,750

The augmented property values in the suburb are trailing above the territorial average of 9.69% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $410.

Home owners selling their properties and realtors in BELLFIELD usually have to wait an average of 0.0 days days before their assets are lifted off the market.

The VIC suburb ranks 469th on the list of best yielding suburbs for rental properties in VIC, posting a 2.53% return.

It also places places 96th in Australia based on median property value growth during the quarter.

Data report can be found below

Bellfield
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $842,750 N/A
GROWTH REPORT
Median Quarterly 9.09% N/A
Median 12 month 12.37% N/A
Median 3 years -7.9% N/A
Median 5 years 20.39% N/A
10 years average annual 4.49% N/A
Weekly media advert. rent $410 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 2.53% N/A
demographics (median values)*
Total Population
1774
Weekly Household Income
711.4
Household Size
2.60
Age
36
Monthly Loan Repayment
1140
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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