If you compare the increase in value of investment property in Bellambi, 2518 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 15.19%.
When looking at the potential capital gains offered to property investors over the last 3 years, Bellambi comes in at number 96th in NSW.
Bellambi2518 is located in NSW which offers an average discount of -5.49% to property investors. Bellambi itself is showing figures that indicate -2.40% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
Over the last year, property investments in Bellambi, 2518 have given investors a capital gain of 21.21%. This compares very favourably with the 6.07% for NSW as a whole.
While Bellambi,2518 ranked number 298th in NSW for increase in median house value (annualised) increase, it is ranked 169th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Bellambi is offering property investors an average of -4.33. This rate of discount on properties puts Suburb at number 473th in terms of most discounted suburbs in NSW
Situated 44.28km from the CBD, Bellambi is one of Wollongong localities in the postcode 2518.