Belfield has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.74% 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.
Belfield, 2191 is offering NSW ‘s 76th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.
In the last year 53 properties changed hands in Belfield, which puts it as the 614th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $6960 per annum or $580 every week.
Belfield has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.72% to date .
A 44.14% growth in median value for property investors in Belfield,2191 puts this suburb at number 432th in terms of best performing suburbs in NSW
Our latest figures would indicate that property sellers in Belfield are currently offering property investors an average price cut of -5.57% below the asking price at the moment.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 6.81%, investors should hope to achieve an overall return of 3.81%