Giving property investors a a solid capital gain of 18.97% for the last year, Bellevue Hill, 2023 is the 266th highest performer in Australia in this respect.
Over the longer term, Bellevue Hill has seen property prices show investors a 36.23% return over the last 3 years. This is worse than over the last 12 months
At number 45th of NSW’s most discounted properties, Bellevue Hill is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Situated 4.70km from the CBD, Bellevue Hill is one of Woollahra localities in the postcode 2023.
Giving property investors a a poor capital gain of -8.15% for the last year, Bellevue Hill, 2023 is the 1531th highest performer in Australia in this respect.
While Bellevue Hill,2023 ranked number 400th in NSW for increase in median house value (annualised) increase, it is ranked 367th over the last 5 years.
Property investors looking for a bargain in Bellevue Hill should be aiming for at least -3.87% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $690 and the average annual increase in value of a median property of 4.48%, investors should hope to achieve an overall return of 3.91%