WA/
Belmont

Suburb Profile

Belmont - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6104

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unit

Property investors enjoyed capital gains of 4.91% 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 1.69% growth over a ten-year period. It ranks 3320th on our list of suburbs that property investors should look into.

BELMONT, 6104 has a capital gain of 4.91% for the past year, which is higher than average compared to its -6% growth within a five-year period.

With the median home price in BELMONT sitting at $470,000, and the average rent at $335, property owners could potentially earn a 3.71% increase in gross rental yield.

A 4.91% increase in median property prices in BELMONT, 6104 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 73rd.

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

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

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $470,000 $312,500
GROWTH REPORT
Median Quarterly 0.53% -0.79%
Median 12 month 4.91% -10.71%
Median 3 years -16.81% -24.7%
Median 5 years -6% -27.33%
10 years average annual 1.69% 0.62%
Weekly media advert. rent $335 $300
Time on Market 77.0 days 124.7 days
Gross Rental Yield Percent 3.71% 4.99%
demographics (median values)
Total Population
5081
Weekly Household Income
815.5
Household Size
2.10
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Belmont, WA
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