If you compare the increase in value of investment property in Bellevue Hill, 2023 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.34%.
Bellevue Hill,2023 was ranked 2617 in Australia by increase in median property value over the quarter.
Bellevue Hill2023 is located in NSW which offers an average discount of -5.28% to property investors. Bellevue Hill itself is showing figures that indicate -8.55% is the average achievable by property buyers investing in the suburb.
In the last year 85 properties changed hands in Bellevue Hill, which puts it as the 365th most active market in NSW when comparing the number of sales per suburb.
Situated 4.64km from the CBD, Bellevue Hill is one of Woollahra localities in the postcode 2023.
Property value increases in Bellevue Hill have tracked higher than the NSW average of 7.74% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Bellevue Hill comes in at number 108th in NSW.
At number 27th 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.
Property investors should expect to get $705 weekly from the median priced house in this suburb.