Belfield, 2191 ranked 197th in NSW when comparing growth in median property values or capital gain over the last 12 months. Belfield is one of 3163 in our list for NSW
Taking the average capital gain, or increase in median house value, Belfield,2191 has racked up an average of 21.83% over the period. This ranks it number 139th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -3.80% to buyers in Belfield at the moment, which is less than average for the rest of NSW.
In the last year 56 properties changed hands in Belfield, which puts it as the 594th most active market in NSW when comparing the number of sales per suburb.
Belfield is 1100th on a list of best yielding suburbs for rents in NSW with a 2.13% return
Belfield, 2191 ranked 333th in NSW when comparing growth in median property values or capital gain over the last 12 months. Belfield is one of 3163 in our list for NSW
Belfield,2191 was ranked 500 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.14% offered to property buyers. Sellers in Belfield itself are offering an average vendor discount of -5.74% to real estate investors.
On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 3.47%, without taking into account capital value appreciation, which has been averaging out at 7.91%.