Suburb Profile Report for Belmont NSW (2280)

Belmont House: Median price $484,500, Annual capital growth 3.38%, Number of sales 123, Weekly median advertised rent $400

Belmont Unit: Median price $385,000, Annual capital growth 1.23%, Number of sales 50, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

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 -5.00%

The five-year average increase in median property values for Belmont,2280 has given property investors a potential capital gain of 27.52% across each of those five years.

Belmont2280 is located in NSW which offers an average discount of -5.45% to property investors. Belmont itself is showing figures that indicate -7.39% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Belmont have been waiting around 72.79 days to sell a property.

Situated 101.90km from the CBD, Belmont is one of Lake Macquarie localities in the postcode 2280.

Belmont is in the bottom 10% in NSW when comparing median price capital growth over the last year. Belmont gave property investors a dismal capital gain figure when compared to the rest of the state, with -6.10%.

Taking the average capital gain, or increase in median house value, Belmont,2280 has racked up an average of -6.10% over the period. This ranks it number 752th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Belmont 2280 should be seeing an average reduction in asking price of around -6.54% . This means that Belmont is holding prices well when compared to other suburbs in NSW.

Residents and property investors in Belmont have been waiting around 71.42 days to sell a property.

Situated 101.53km from the CBD, Belmont is one of Lake Macquarie localities in the postcode 2280.

Metrics i HOUSE UNIT
$484,500 $385,000
-0.10% 4.05%
-5.00% -6.10%
3.38% 1.23%
$400 $360
123 50
4.29% 4.86%
72.79 71.42

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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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