At number 896th in the list of Australian suburbs ordered by increase in median house value over the last year, Belrose, 2085 is in the top 30% with a property value increase of 11.19% recorded in median house prices.
If we look at median property appreciation over just the last three months, Belrose has given property investors a paper return of 4.56%. This puts Suburb as 369 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Belrose are currently offering property investors an average price cut of -4.78% below the asking price at the moment.
In the last year 86 properties changed hands in Belrose, which puts it as the 354th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $925 and the average annual increase in value of a median property of 7.26%, investors should hope to achieve an overall return of 3.23%
NSW has seen average median house prices change by 5.41% which means that Belrose, 2085 has done well for property investors by showing a capital gain of -17.10% over the last year
The five-year average increase in median property values for Belrose,2085 has given property investors a potential capital gain of 21.21% across each of those five years.
In the last year 38 properties changed hands in Belrose, which puts it as the 312th most active market in NSW when comparing the number of sales per suburb.