If you compare the increase in value of investment property in Bella Vista, 2153 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 9.49%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bella Vista has increased when compared to the 5 year average annual rate.
The most recent median price for Bella Vista is $1500000, with sellers offering an average of -5.13% off the asking price.
Advertised rents are around the $800 mark per week – giving a return of 2.77% based on the median price in Suburb
Over the last year, property investments in Bella Vista, 2153 have given investors a capital gain of 16.94%. This compares very favourably with the 5.88% for NSW as a whole.
While Bella Vista,2153 ranked number 550th in NSW for increase in median house value (annualised) increase, it is ranked 322th over the last 5 years.
Bella Vista is 150th on a list of best yielding suburbs for rents in NSW with a 4.66% return