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.