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.