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Belmont

POSTAL CODE: WA, 6104
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Property investors enjoyed capital gains of 16.9% over the last 12 months in BELMONT, translating to lower returns compared with its peers in WA.

A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 5.68% growth over a ten-year period. It ranks 2880th on our list of suburbs that property investors should look into.

BELMONT, 6104 has a capital gain of 16.9% for the past year, which is higher than average compared to its 84.33% growth within a five-year period.

With the median home price in BELMONT sitting at $830,000, and the average rent at $700, property owners could potentially earn a 4.39% increase in gross rental yield.

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

BELMONT, 6104 in WA belongs to the local government area of Belmont.

Surburb overview

Belmont, located approximately 7 kilometres east of Perth's central business district, is a mixed-use suburb along the Swan River's southern bank. The City of Belmont has jurisdiction over it. 

As of the 2021 Census, Belmont has a population of 6,959 residents, with a median age of 36. The suburb has a diverse community, including families, professionals, and retirees.

Belmont is well-served by public transportation, with several bus routes providing access to Perth's CBD and surrounding areas. Key services include routes 39, 270, 293, 935, 940, 998, and 999, serving various streets within the suburb. 

The suburb offers various amenities, including parks and recreational facilities. Belmont Primary School and Belmont City College cater to residents' educational needs. The Belgravia Residential Estate and a 500-meter section along the south bank of the Swan River provide scenic views and outdoor leisure opportunities. 

Belmont is a five-square-kilometre mixed-use suburb located six kilometres east of Perth. Established in 1831, it experienced significant growth in the 1950s and 1960s, with more recent population increases between 1991 and 2011. 

Belmont offers a balanced lifestyle with access to urban conveniences and community facilities. Its proximity to the Swan River provides residents with opportunities for outdoor activities, while nearby shopping centres and dining options cater to various preferences.

Belmont provides a dynamic living environment with essential amenities, educational opportunities, and convenient access to Perth's CBD, appealing to families, professionals, and retirees alike. 

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