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Belmont

Suburb Profile

Belmont - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3216

house
unit
BELMONT ranks 326th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 4.72% for the past year is lower than average compared to its 52.05% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in BELMONT, the median home price is sitting at $555,000, and the average rent at $390, this suggests property owners could potentially earn a 3.65% increase in gross rental yield.

Property investors have seen a 3.74% gain in BELMONT based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.49% growth over a ten-year period. It ranks 870th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $555,000 $420,000
GROWTH REPORT
Median Quarterly 3.74% 1.69%
Median 12 month 4.72% 9.09%
Median 3 years 24.72% 31.25%
Median 5 years 52.05% 35.48%
10 years average annual 6.49% 5.3%
Weekly media advert. rent $390 $340
Time on Market 45.5 days 47.4 days
Gross Rental Yield Percent 3.65% 4.21%
demographics (median values)
Total Population
13644
Weekly Household Income
775.1
Household Size
2.30
demographics
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