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Belgrave South
AREA REPORTS

Belgrave South

Belgrave South - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3160

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Homeowners and real estate investors betting on BELGRAVE SOUTH, 3160 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 19.57%.

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

Property investors in BELGRAVE SOUTH enjoyed capital gains of 19.57% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb 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 $1,100,000.

Home owners selling their properties and realtors in BELGRAVE SOUTH usually have to wait an average of 17.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in BELGRAVE SOUTH.

BELGRAVE SOUTH, 3160 places 293rd in Australia based on median property value growth during the quarter.

Data report can be found below

Belgrave South
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,100,000 N/A
GROWTH REPORT
Median Quarterly 4.76% N/A
Median 12 month 19.57% N/A
Median 3 years N/A N/A
Median 5 years 74.6% N/A
10 years average annual 10.31% N/A
Weekly media advert. rent N/A N/A
Time on Market 17.5 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
9014
Weekly Household Income
1688
Household Size
2.80
Age
39
Monthly Loan Repayment
1700
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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