Investment property in Belmont has done 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 -5.00%
The five-year average increase in median property values for Belmont,2280 has given property investors a potential capital gain of 27.52% across each of those five years.
Belmont2280 is located in NSW which offers an average discount of -5.45% to property investors. Belmont itself is showing figures that indicate -7.39% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Belmont have been waiting around 72.79 days to sell a property.
Situated 101.90km from the CBD, Belmont is one of Lake Macquarie localities in the postcode 2280.
Belmont is in the bottom 10% in NSW when comparing median price capital growth over the last year. Belmont gave property investors a dismal capital gain figure when compared to the rest of the state, with -6.10%.
Taking the average capital gain, or increase in median house value, Belmont,2280 has racked up an average of -6.10% over the period. This ranks it number 752th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Belmont 2280 should be seeing an average reduction in asking price of around -6.54% . This means that Belmont is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Belmont have been waiting around 71.42 days to sell a property.
Situated 101.53km from the CBD, Belmont is one of Lake Macquarie localities in the postcode 2280.