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Belmont

Suburb Profile

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

house
unit
BELMONT ranks 281st in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 0.95% for the past year is lower than average compared to its 44.41% growth within a five-year period.

Also in BELMONT, the median home price is sitting at $530,000, and the average rent at $380, this suggests property owners could potentially earn a 3.73% increase in gross rental yield.

Property investors have seen a 0.95% 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 6.65% growth over a ten-year period. It ranks 901st 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 $530,000 $400,000
GROWTH REPORT
Median Quarterly 0.95% -2.68%
Median 12 month 0.95% 3.9%
Median 3 years 29.11% 37.27%
Median 5 years 44.41% 36.75%
10 years average annual 6.65% 5.69%
Weekly media advert. rent $380 $340
Time on Market 46.0 days 50.8 days
Gross Rental Yield Percent 3.73% 4.42%
demographics (median values)
Total Population
13644
Weekly Household Income
775.1
Household Size
2.30
demographics
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