Over the last year, property investments in Bellevue Hill, 2023 have given investors a capital gain of 13.78%. This compares very favourably with the 6.87% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bellevue Hill has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -8.66% to buyers in Bellevue Hill at the moment, which is less than average for the rest of NSW.
At number 3264 in a list of fastest selling suburbs, Bellevue Hill is in the bottom 20% of suburbs in Australia with an average of days on market 124.14 for properties listed there.
The NSW suburb of Bellevue Hill, 2023 is in the Woollahra local government area.
Bellevue Hill, 2023 ranked 464th in NSW when comparing growth in median property values or capital gain over the last 12 months. Bellevue Hill is one of 3163 in our list for NSW
Across a shorter period, Bellevue Hill, 2023 has seen a median price increase of 5.16% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bellevue Hill, 2023. Typically our figures indicate that -2.56% is being offered, which puts this NSW suburb at 1383th most discounted overall in Australia.
Property investors should expect to get $690 weekly from the median priced house in this suburb.