Over the last year, property investments in Belmont, 2280 have given investors a capital gain of -1.42%. This compares very badly with the 7.47% for NSW as a whole.
While Belmont,2280 ranked number 535th in NSW for increase in median house value (annualised) increase, it is ranked 885th over the last 5 years.
Belmont2280 is located in NSW which offers an average discount of -5.49% to property investors. Belmont itself is showing figures that indicate -6.44% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Belmont have been waiting around 68.89 days to sell a property.
Belmont is 385th on a list of best yielding suburbs for rents in NSW with a 4.24% return
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 -6.13%
Comparing Belmont,2280 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Our latest figures would indicate that property sellers in Belmont are currently offering property investors an average price cut of -5.51% below the asking price at the moment.