Investment property in Bellamack 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 -7.63%
A 212.80% growth in median value for property investors in Bellamack,0832 puts this suburb at number 35th in terms of best performing suburbs in NT
The most recent median price for Bellamack is $617000, with sellers offering an average of -7.56% off the asking price.
On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.
Using the current median advertised rental of $650 and the average annual increase in value of a median property of 26.19%, investors should hope to achieve an overall return of 5.48%