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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 7.22% growth over a ten-year period. It ranks 1323rd 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 (C).
BELL PARK, 3215 has a capital gain of 25% for the past year, which is higher than average compared to its 71.23% growth within a five-year period.
With the median home price in BELL PARK sitting at $625,000, and the average rent at $390, property owners could potentially earn a 3.24% 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.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||25%||17.59%|
|Median 3 years||43.02%||27.72%|
|Median 5 years||71.23%||58.97%|
|10 years average annual||7.22%||6.8%|
|Weekly media advert. rent||$390||$370|
|Time on Market||34.7 days||43.3 days|
|Gross Rental Yield Percent||3.24%||3.76%|