Suburb Profile Report for Belmore NSW (2192)

Belmore House: Median price $1,111,000, Annual capital growth 10.10%, Number of sales 83, Weekly median advertised rent $550

Belmore Unit: Median price $515,000, Annual capital growth 9.73%, Number of sales 110, Weekly median advertised rent $395

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 2.87% for the last year, Belmore, 2192 is the 2384th highest performer in Australia in this respect.

Belmore,2192 has offered an average of 2.87% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -9.02% to buyers in Belmore at the moment, which is less than average for the rest of NSW.

Residents and property investors in Belmore have been waiting around 105.6 days to sell a property.

The NSW suburb of Belmore, 2192 is in the Canterbury local government area.

Investment property in Belmore has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.74%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Belmore has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Belmore should be aiming for at least -4.99% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $395 weekly from the median priced house in this suburb.

HOUSE UNIT
$1,111,000 $515,000
3.35% 4.25%
2.87% -3.74%
10.10% 9.73%
$550 $395
83 110
2.57% 3.99%
105.6 62.75

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Belmore NSW
Demographics
Total population 12574
Median household income ($/weekly) 987
Median age of persons 35
Median housing loan repayment ($/monthly) 1950
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1534 12.2
    25-34 years 2039 16.2
    35-44 years 1714 13.6
    45-54 years 1705 13.6
    55-64 years 1243 9.9
    Others 4340 34.5
    Age Group
    Census Count Percent(%)
    Registered Married 4629 49.4
    Not Married 4362 46.6
    Defacto Relationship 375 4.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5332 46.0
    Croatia 589 5.1
    Hong Kong 838 7.2
    Malaysia 634 5.5
    Other 1535 13.2
    Others 2667 23.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 803 7.0
    Christianity 7624 66.0
    Hinduism 328 2.8
    Islam 1448 12.5
    No Religion 1256 10.9
    Others 88 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 481 12.9
    $600-$799 420 11.3
    $800-$999 367 9.9
    $1,000-$1,249 394 10.6
    $1,500-$1,999 438 11.8
    Others 1624 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3974 42.6
    Employed, worked full-time 3109 33.3
    Employed, worked part-time 1444 15.5
    Unemployed, looking for work 448 4.8
    Employed, away from work 357 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 778 15.9
    Technicians & trades workers 707 14.4
    Community & personal service workers 489 10.0
    Clerical & administrative workers 795 16.2
    Labourers 700 14.3
    Others 1438 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 173 6.0
    Infants/Primary 884 30.7
    Secondary 779 27.0
    Technical or Further Educational Institution 347 12.0
    University or other Tertiary Institutions 563 19.5
    Others 137 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6918 58.8
    Flat, unit or apartment 3598 30.6
    Semi-detached, row or terrace house, townhouse 1192 10.1
    House or flat attached to a shop, office 67 0.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1629 40.4
    Fully owned 1285 31.8
    Being purchased 1092 27.1
    Other tenure type 29 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals