Suburb Profile Report for Bellambi NSW (2518)

Bellambi House: Median price $725,000, Annual capital growth 7.29%, Number of sales 17, Weekly median advertised rent $495

Bellambi Unit: Median price $440,000, Annual capital growth 7.59%, Number of sales 35, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 388th in the list of Australian suburbs ordered by increase in median house value over the last year, Bellambi, 2518 is in the top 10% with a property value increase of 18.85% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Bellambi comes in at number 76th in NSW.

Sellers are offering property buyers an average discount of -2.40% to buyers in Bellambi at the moment, which is less than average for the rest of NSW.

Advertised rents are around the $495 mark per week – giving a return of 3.55% based on the median price in Suburb

Over the last year, property investments in Bellambi, 2518 have given investors a capital gain of 17.33%. This compares very favourably with the 6.22% for NSW as a whole.

Bellambi,2518 was ranked 1237 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Bellambi should be aiming for at least 0.00% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 46.05km from the CBD, Bellambi is one of Wollongong localities in the postcode 2518.

Metrics i HOUSE UNIT
$725,000 $440,000
11.28% -1.12%
18.85% 17.33%
7.29% 7.59%
$495 $330
17 35
3.55% 3.90%
27.53 19.21

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 4010
Median household income ($/weekly) 763
Median age of persons 37
Median housing loan repayment ($/monthly) 1950
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 583 14.5
    25-34 years 493 12.3
    35-44 years 539 13.4
    45-54 years 558 13.9
    55-64 years 481 12.0
    Others 1356 33.8
    Age Group
    Census Count Percent(%)
    Not Married 1659 55.7
    Registered Married 1028 34.5
    Defacto Relationship 290 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3133 82.0
    Papua New Guinea 56 1.5
    Philippines 26 0.7
    United Kingdom 256 6.7
    Other 131 3.4
    Others 221 5.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 59 1.6
    Christianity 2765 74.5
    Hinduism 13 0.4
    Islam 38 1.0
    No Religion 824 22.2
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 213 14.7
    $400-$599 209 14.4
    $600-$799 190 13.1
    $800-$999 129 8.9
    $1,500-$1,999 141 9.7
    Others 571 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1424 46.6
    Employed, worked full-time 843 27.6
    Employed, worked part-time 509 16.7
    Unemployed, looking for work 187 6.1
    Employed, away from work 93 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 221 15.3
    Technicians & trades workers 239 16.6
    Community & personal service workers 193 13.4
    Clerical & administrative workers 230 16.0
    Labourers 185 12.8
    Others 373 25.9
    Occupation
    Census Count Percent(%)
    Pre-school 70 7.0
    Infants/Primary 341 34.0
    Secondary 337 33.6
    Technical or Further Educational Institution 108 10.8
    University or other Tertiary Institutions 114 11.4
    Others 33 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2224 57.7
    Semi-detached, row or terrace house, townhouse 1185 30.7
    Flat, unit or apartment 432 11.2
    House or flat attached to a shop, office 13 0.3
    Improvised home, tent, sleepers out 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 868 55.0
    Being purchased 364 23.1
    Fully owned 339 21.5
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals