Property investors enjoyed capital gains of 12.66% over the last 12 months in BELL POST HILL, translating to lower returns compared with its peers in VIC.
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 6.09% growth over a ten-year period. It ranks 1242nd on our list of suburbs that property investors should look into.
BELL POST HILL, 3215 has a capital gain of 12.66% for the past year, which is higher than average compared to its 34.85% growth within a five-year period.
With the median home price in BELL POST HILL sitting at $445,000, and the average rent at $350, property owners could potentially earn a 4.09% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BELL POST HILL are low, as opposed to average gains per annum over the past five years.
BELL POST HILL, 3215 in VIC belongs to the local government area of Greater Geelong.