NSW has seen average median house prices change by 9.74% which means that Belmont South, 2280 has done well for property investors by showing a capital gain of 20.06% over the last year
Belmont South,2280 was ranked 114 in Australia by increase in median property value over the quarter.
Vendor discounting in Belmont South is giving property investors an average Vendor Discount of around -6.32%. This puts suburb at number 313th in NSW when ranking the most discounted suburbs.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 4.97%, investors should hope to achieve an overall return of 3.97%