Belfield is in the bottom 30% in NSW when comparing median price capital growth over the last year. Belfield gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.48%.
Taking the average capital gain, or increase in median house value, Belfield,2191 has racked up an average of 2.48% over the period. This ranks it number 839th in the whole country for real estate investors looking at median house price increases.
Belfield has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.70% to date .
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.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Belfield itself are offering an average vendor discount of -5.67% to real estate investors.
Renters in Suburb are facing rents around $5760 per annum or $480 every week.