Property investors who have had real estate in Belmont, 2280 should be ok 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 5.79%
Over the longer term, Belmont has seen property prices show investors a 17.65% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Belmont 2280 should be seeing an average reduction in asking price of around -5.88% . This means that Belmont is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 10.50 sales per month, which equates to 126 per year.
The NSW suburb of Belmont, 2280 is in the Lake Macquarie local government area.
NSW has seen average median house prices change by 7.74% which means that Belmont, 2280 has done well for property investors by showing a capital gain of 10.74% over the last year
If we look at median property appreciation over just the last three months, Belmont has given property investors a paper return of 9.27%. This puts Suburb as 37 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Belmont is giving property investors an average Vendor Discount of around -6.03%. This puts suburb at number 45th in NSW when ranking the most discounted suburbs.
Property investors should expect to get $367.5 weekly from the median priced house in this suburb.