Property value increases in Belfield have tracked just lower than the NSW average of 7.47% over the last 12 months.
Comparing Belfield,2191 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Belfield is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 74th in terms of most discounted suburbs in NSW
Situated 11.76km from the CBD, Belfield is one of Canterbury localities in the postcode 2191.
Belfield has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.62% to date .
Over the longer term, Belfield has seen property prices show investors a 41.94% return over the last 3 years. This is worse than over the last 12 months
Belfield2191 is located in NSW which offers an average discount of -4.41% to property investors. Belfield itself is showing figures that indicate -5.40% is the average achievable by property buyers investing in the suburb.
Belfield, 2191’s gross rental yield is 3.64%