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.