Suburb Profile Report for Belmont NSW (2280)

Belmont House: Median price $484,500, Annual capital growth 3.38%, Number of sales 128, Weekly median advertised rent $395

Belmont Unit: Median price $380,000, Annual capital growth 0.52%, Number of sales 60, 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

With a capital gain of -5.00% for the last 12 months, Belmont, 2280 has performed for property investments than its average annual 3.38% property growth over the last 5 years.

Over the longer term, Belmont has seen property prices show investors a 19.63% return over the last 3 years. This is worse than over the last 12 months

Belmont2280 is located in NSW which offers an average discount of -5.49% to property investors. Belmont itself is showing figures that indicate -6.97% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $4740 per annum or $395 every week.

NSW has seen average median house prices change by 6.07% which means that Belmont, 2280 has done well for property investors by showing a capital gain of -4.94% over the last year

Taking the average capital gain, or increase in median house value, Belmont,2280 has racked up an average of -4.94% over the period. This ranks it number 826th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Belmont is $380000, with sellers offering an average of -6.37% off the asking price.

At number 514 in a list of fastest selling suburbs, Belmont is in the TOP 40% of suburbs in Australia with an average of days on market 65.85 for properties listed there.

A $355 per week rent on the median house gives suburb investors a gross yield of circa 4.86%, without taking into account capital value appreciation, which has been averaging out at 0.52%.

Metrics i HOUSE UNIT
$484,500 $380,000
0.94% 4.11%
-5.00% -4.94%
3.38% 0.52%
$395 $355
128 60
4.24% 4.86%
68.15 65.85

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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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