Investment property in Belmore has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.12%
Across a shorter period, Belmore, 2192 has seen a median price increase of 0.55% over the last quarter.
At number 69th of NSW’s most discounted properties, Belmore is in the bottom 10% of the state/territory when listing in order of most discounted to least.
At number 2503 in a list of fastest selling suburbs, Belmore is in the bottom 40% of suburbs in Australia with an average of days on market 95.5 for properties listed there.
Advertised rents are around the $560 mark per week – giving a return of 2.63% based on the median price in Suburb
At number 1540th in the list of Australian suburbs ordered by increase in median house value over the last year, Belmore, 2192 is in the BOTTOM 20% with a property value increase of -8.77% recorded in median house prices.
Across a shorter period, Belmore, 2192 has seen a median price increase of 0.87% over the last quarter.
Belmore, 2192 is offering NSW ‘s 126th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
With the median price for a house in Belmore being $520000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.00%