Property investors who have had real estate in Belmont, 2280 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.48%
When looking at the potential capital gains offered to property investors over the last 3 years, Belmont comes in at number 1042th in NSW.
At number 516th of NSW’s most discounted properties, Belmont is in the middle of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Belmont the average time real estate has been on the market is 75.94 days.
Situated 101.89km from the CBD, Belmont is one of Lake Macquarie localities in the postcode 2280.
Belmont, 2280 ranked 515th in NSW when comparing growth in median property values or capital gain over the last 12 months. Belmont is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Belmont has given property investors a paper return of 1.39%. This puts Suburb as 283 on a list of fastest fasting appreciating suburbs in NSW
At number 71th of NSW’s most discounted properties, Belmont is in the bottom 20% of the state/territory when listing in order of most discounted to least.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 5.13%, without taking into account capital value appreciation, which has been averaging out at 1.17%.