Property investors who have had real estate in Bellambi, 2518 should be relatively pleased 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 10.08%
Bellambi,2518 was ranked 1736 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -2.34% to buyers in Bellambi at the moment, which is less than average for the rest of NSW.
Renters in Suburb are facing rents around $5700 per annum or $475 every week.
Investment property in Bellambi has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 30.50%
If we look at median property appreciation over just the last three months, Bellambi has given property investors a paper return of 3.49%. This puts Suburb as 151 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Bellambi is $445000, with sellers offering an average of -2.20% off the asking price.
On average over the past year, suburb has had 3.00 sales per month, which equates to 36 per year.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 7.36%, investors should hope to achieve an overall return of 3.86%