Property investors who have had real estate in Belrose, 2085 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.77%
A 72.73% growth in median value for property investors in Belrose,2085 puts this suburb at number 283th in terms of best performing suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Belrose is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 617th in terms of most discounted suburbs in NSW
In the last year 83 properties changed hands in Belrose, which puts it as the 373th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Belrose being $1520000 and the advertised rent reaching $972.5 the gross rental yield for property investors calculates out to be 3.33%
With a capital gain of -27.27% for the last 12 months, Belrose, 2085 has performed for property investments than its average annual 6.82% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Belrose has given property investors a paper return of -15.79%. This puts Suburb as 549 on a list of fastest fasting appreciating suburbs in NSW