AREA REPORTS

Bell Park

Suburb Profile

Bell Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3215

house
unit

Based on its average 5-year and quarterly capital gains BELL PARK, 3215 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 BELL PARK, 3215 obtained a 6.06% growth over a ten-year period. It ranks 1284th on our list of suburbs that property investors should look into.

BELL PARK, 3215 in VIC belongs to the local government area of Greater Geelong.

BELL PARK, 3215 has a capital gain of 15.9% for the past year, which is higher than average compared to its 36.51% growth within a five-year period.

With the median home price in BELL PARK sitting at $430,000, and the average rent at $340, property owners could potentially earn a 4.11% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in BELL PARK are low, as opposed to average gains per annum over the past five years.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $430,000 $360,000
GROWTH REPORT
Median Quarterly 4.88% 4.35%
Median 12 month 15.9% 13.39%
Median 3 years 32.31% 21.01%
Median 5 years 36.51% 18.62%
10 years average annual 6.06% 4.26%
Weekly media advert. rent $340 $320
Time on Market 59.0 days 87.5 days
Gross Rental Yield Percent 4.11% 4.62%
demographics (median values)
Total Population
4650
Weekly Household Income
691.8
Household Size
2.40
demographics
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