Over the last year, property investments in Belmore, 2192 have given investors a capital gain of 6.03%. This compares badly with the 10.13% for NSW as a whole.
Across a shorter period, Belmore, 2192 has seen a median price increase of 5.03% over the last quarter.
Property buyers and investors in Belmore 2192 should be seeing an average reduction in asking price of around -9.97% . This means that Belmore is holding prices well when compared to other suburbs in NSW.
Situated 12.43km from the CBD, Belmore is one of Canterbury localities in the postcode 2192.
Property investors who have had real estate in Belmore, 2192 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.15%
Over the longer term, Belmore has seen property prices show investors a 35.71% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Belmore is giving property investors an average Vendor Discount of around -4.22%. This puts suburb at number 203th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 11.25 sales per month, which equates to 135 per year.
Advertised rents are around the $400 mark per week – giving a return of 3.98% based on the median price in Suburb