Belmont has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -4.76% to date .
While Belmont,4153 ranked number 555th in QLD for increase in median house value (annualised) increase, it is ranked 497th over the last 5 years.
Property investors looking for a bargain in Belmont should be aiming for at least -7.47% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 58 properties changed hands in Belmont, which puts it as the 391th most active market in QLD when comparing the number of sales per suburb.
Situated 10.25km from the CBD, Belmont is one of Brisbane localities in the postcode 4153.