Suburb Profile Report for Belmont NSW (2280)

Belmont House: Median price $487,500, Annual capital growth 3.18%, Number of sales 112, Weekly median advertised rent $390

Belmont Unit: Median price $360,000, Annual capital growth 1.10%, Number of sales 63, Weekly median advertised rent $355

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Belmont, 2280 have given investors a capital gain of 2.63%. This compares badly with the 7.15% for NSW as a whole.

Belmont,2280 has offered an average of 2.63% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Belmont is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 537th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 9.33 sales per month, which equates to 112 per year.

Property investors should expect to get $390 weekly from the median priced house in this suburb.

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 increase in value by 0.56%

Over the longer term, Belmont has seen property prices show investors a 5.88% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -5.54% to buyers in Belmont at the moment, which is less than average for the rest of NSW.

Property investors should expect to get $355 weekly from the median priced house in this suburb.

HOUSE UNIT
$487,500 $360,000
-2.89% -3.36%
2.63% 0.56%
3.18% 1.10%
$390 $355
112 63
4.16% 5.13%
73.25 55.4

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 6419
Median household income ($/weekly) 860
Median age of persons 46
Median housing loan repayment ($/monthly) 2000
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 732 11.4
    35-44 years 795 12.4
    45-54 years 929 14.5
    55-64 years 854 13.3
    65-74 years 693 10.8
    Others 2416 37.6
    Age Group
    Census Count Percent(%)
    Registered Married 2482 50.5
    Not Married 2138 43.5
    Defacto Relationship 293 6.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5554 91.1
    Papua New Guinea 53 0.9
    South Africa 34 0.6
    United Kingdom 219 3.6
    Other 58 1.0
    Others 177 2.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 27 0.5
    Christianity 4716 79.0
    Islam 20 0.3
    Other Religious Groups 25 0.4
    No Religion 1162 19.5
    Others 20 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 297 12.3
    $400-$599 389 16.2
    $600-$799 277 11.5
    $800-$999 209 8.7
    $1,500-$1,999 212 8.8
    Others 1024 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2278 44.9
    Employed, worked full-time 1575 31.0
    Employed, worked part-time 884 17.4
    Employed, away from work 170 3.3
    Unemployed, looking for work 169 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 298 11.3
    Professionals 471 17.9
    Technicians & trades workers 425 16.2
    Clerical & administrative workers 423 16.1
    Sales 283 10.8
    Others 731 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 113 8.7
    Infants/Primary 461 35.4
    Secondary 428 32.8
    Technical or Further Educational Institution 126 9.7
    University or other Tertiary Institutions 157 12.0
    Others 18 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4855 80.1
    Flat, unit or apartment 605 10.0
    Semi-detached, row or terrace house, townhouse 415 6.8
    Caravan, cabin, houseboat 163 2.7
    House or flat attached to a shop, office 26 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1095 42.0
    Rented 818 31.4
    Being purchased 664 25.5
    Other tenure type 32 1.2
    Tenure Type
Census 2011, ABS
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