Suburb Profile Report for Belfield NSW (2191)

Belfield House: Median price $1,200,000, Annual capital growth 8.91%, Number of sales 45, Weekly median advertised rent $525

Belfield Unit: Median price $715,000, Annual capital growth 7.33%, Number of sales 32, Weekly median advertised rent $500

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 7.28% which means that Belfield, 2191 has done well for property investors by showing a capital gain of 4.35% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Belfield has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Belfield, 2191. Typically our figures indicate that -9.09% is being offered, which puts this NSW suburb at 519th most discounted overall in Australia.

Using the current median advertised rental of $525 and the average annual increase in value of a median property of 8.91%, investors should hope to achieve an overall return of 2.27%

Giving property investors a an average capital gain of 4.69% for the last year, Belfield, 2191 is the 722th highest performer in Australia in this respect.

Belfield2191 is located in NSW which offers an average discount of -4.41% to property investors. Belfield itself is showing figures that indicate -5.08% is the average achievable by property buyers investing in the suburb.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$1,200,000 $715,000
0.67% N/A
4.35% 4.69%
8.91% 7.33%
$525 $500
45 32
2.28% 3.64%
63.07 103.31

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 6043
Median household income ($/weekly) 1135
Median age of persons 38
Median housing loan repayment ($/monthly) 2275
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 795 13.2
    25-34 years 762 12.6
    35-44 years 871 14.4
    45-54 years 819 13.6
    55-64 years 656 10.9
    Others 2139 35.4
    Age Group
    Census Count Percent(%)
    Registered Married 2417 53.3
    Not Married 1961 43.2
    Defacto Relationship 157 3.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3386 58.8
    Croatia 241 4.2
    Lebanon 271 4.7
    Malaysia 327 5.7
    Other 382 6.6
    Others 1149 20.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 215 3.8
    Christianity 4505 79.2
    Hinduism 70 1.2
    Islam 288 5.1
    No Religion 588 10.3
    Others 24 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 218 12.1
    $600-$799 156 8.7
    $1,000-$1,249 174 9.7
    $1,500-$1,999 208 11.5
    $2,000-$2,499 161 8.9
    Others 884 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1888 41.5
    Employed, worked full-time 1594 35.0
    Employed, worked part-time 720 15.8
    Employed, away from work 186 4.1
    Unemployed, looking for work 160 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 281 11.2
    Professionals 468 18.7
    Technicians & trades workers 404 16.2
    Clerical & administrative workers 457 18.3
    Sales 241 9.6
    Others 649 26.0
    Occupation
    Census Count Percent(%)
    Pre-school 109 7.5
    Infants/Primary 519 35.9
    Secondary 391 27.0
    Technical or Further Educational Institution 122 8.4
    University or other Tertiary Institutions 272 18.8
    Others 33 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4584 79.3
    Semi-detached, row or terrace house, townhouse 981 17.0
    Flat, unit or apartment 192 3.3
    House or flat attached to a shop, office 27 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 722 36.6
    Being purchased 690 35.0
    Rented 545 27.6
    Other tenure type 15 0.8
    Tenure Type
Census 2011, ABS
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