Giving property investors a an average capital gain of 6.15% for the last year, Belfield, 2191 is the 1665th highest performer in Australia in this respect.
While Belfield,2191 ranked number 688th in NSW for increase in median house value (annualised) increase, it is ranked 249th over the last 5 years.
Our latest figures would indicate that property sellers in Belfield are currently offering property investors an average price cut of -9.09% below the asking price at the moment.
With the median price for a house in Belfield being $1200000 and the advertised rent reaching $555 the gross rental yield for property investors calculates out to be 2.40%
Belfield has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 8.68% to date .
If we look at median property appreciation over just the last three months, Belfield has given property investors a paper return of 6.67%. This puts Suburb as 66 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Belfield 2191 should be seeing an average reduction in asking price of around -5.08% . This means that Belfield is holding prices well when compared to other suburbs in NSW.
Belfield, 2191’s gross rental yield is 3.61%