Suburb Profile Report for Bellevue Hill NSW (2023)

Bellevue Hill House: Median price $5,450,000, Annual capital growth 6.29%, Number of sales 78, Weekly median advertised rent $1,590

Bellevue Hill Unit: Median price $1,250,000, Annual capital growth 7.99%, Number of sales 152, Weekly median advertised rent $720

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Bellevue Hill, 2023 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 17.84%.

Comparing Bellevue Hill,2023 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Bellevue Hill should be aiming for at least -9.60% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $1590 and the average annual increase in value of a median property of 6.29%, investors should hope to achieve an overall return of 1.52%

NSW has seen average median house prices change by 8.63% which means that Bellevue Hill, 2023 has done well for property investors by showing a capital gain of 34.41% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Bellevue Hill comes in at number 116th in NSW.

At number 220 in a list of fastest selling suburbs, Bellevue Hill is in the TOP 20% of suburbs in Australia with an average of days on market 43.51 for properties listed there.

A $720 per week rent on the median house gives suburb investors a gross yield of circa 3.00%, without taking into account capital value appreciation, which has been averaging out at 7.99%.

Metrics i HOUSE UNIT
$5,450,000 $1,250,000
8.48% -0.40%
17.84% 34.41%
6.29% 7.99%
$1,590 $720
78 152
1.52% 3.00%
107.4 43.51

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 10766
Median household income ($/weekly) 2566
Median age of persons 36
Median housing loan repayment ($/monthly) 3250
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1264 11.7
    25-34 years 1900 17.6
    35-44 years 1543 14.3
    45-54 years 1396 13.0
    55-64 years 1250 11.6
    Others 3412 31.7
    Age Group
    Census Count Percent(%)
    Registered Married 3431 47.2
    Not Married 3020 41.6
    Defacto Relationship 817 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6064 64.2
    Papua New Guinea 259 2.7
    South Africa 511 5.4
    United Kingdom 624 6.6
    Other 860 9.1
    Others 1133 12.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 138 1.5
    Christianity 4182 46.6
    Hinduism 48 0.5
    Judaism 2480 27.6
    No Religion 2064 23.0
    Others 67 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 328 10.2
    $2,000-$2,499 247 7.7
    $2,500-$2,999 601 18.7
    $3,000-$3,499 344 10.7
    $4,000 or more 546 17.0
    Others 1150 35.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3419 44.3
    Not in the labour force 2363 30.6
    Employed, worked part-time 1498 19.4
    Employed, away from work 253 3.3
    Unemployed, looking for work 189 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 1074 20.8
    Professionals 2167 41.9
    Community & personal service workers 345 6.7
    Clerical & administrative workers 662 12.8
    Sales 400 7.7
    Others 523 10.1
    Occupation
    Census Count Percent(%)
    Pre-school 193 7.4
    Infants/Primary 725 27.7
    Secondary 843 32.2
    Technical or Further Educational Institution 119 4.5
    University or other Tertiary Institutions 661 25.3
    Others 76 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4449 49.0
    Flat, unit or apartment 4084 45.0
    Semi-detached, row or terrace house, townhouse 541 6.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1326 37.0
    Rented 1245 34.7
    Being purchased 1001 27.9
    Other tenure type 15 0.4
    Tenure Type
Census 2011, ABS
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