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 10.35%.
While Bella Vista,2153 ranked number 236th in NSW for increase in median house value (annualised) increase, it is ranked 202th over the last 5 years.
Property investors looking for a bargain in Bella Vista should be aiming for at least -4.90% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $800 weekly from the median priced house in this suburb.
Property value increases in Bella Vista have tracked higher than the NSW average of 5.73% over the last 12 months.
Bella Vista,2153 was ranked 1 in Australia by increase in median property value over the quarter.
Advertised rents are around the $650 mark per week – giving a return of 4.10% based on the median price in Suburb