NSW has seen average median house prices change by 8.26% which means that Bellevue Hill, 2023 has done well for property investors by showing a capital gain of 10.52% over the last year
While Bellevue Hill,2023 ranked number 1085th in NSW for increase in median house value (annualised) increase, it is ranked 782th over the last 5 years.
Property investors looking for a bargain in Bellevue Hill should be aiming for at least -8.96% off the asking price, which is the average vendor discount being achieved at the moment.
Bellevue Hill, 2023’s gross rental yield is 1.72%
Bellevue Hill is in the TOP 30% in NSW when comparing median price capital growth over the last year. Bellevue Hill gave property investors a good capital gain figure when compared to the rest of the state, with 12.76%.
Taking the average capital gain, or increase in median house value, Bellevue Hill,2023 has racked up an average of 12.76% over the period. This ranks it number 457th in the whole country for real estate investors looking at median house price increases.
Bellevue Hill2023 is located in NSW which offers an average discount of -4.33% to property investors. Bellevue Hill itself is showing figures that indicate -6.90% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $700 weekly from the median priced house in this suburb.