Suburb Profile Report for Belmont QLD (4153)

Belmont House: Median price $627,000, Annual capital growth 4.48%, Number of sales 65, Weekly median advertised rent $550

Belmont Unit: Median price $382,000, Annual capital growth N/A, Number of sales 11, Weekly median advertised rent $430

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Belmont has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -3.87% to date .

Taking the average capital gain, or increase in median house value, Belmont,4153 has racked up an average of -3.87% over the period. This ranks it number 2717th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -7.36% to buyers in Belmont at the moment, which is less than average for the rest of QLD.

A $550 per week rent on the median house gives suburb investors a gross yield of circa 4.56%, without taking into account capital value appreciation, which has been averaging out at 4.48%.

LACK OF BUYER INTEREST may well be the reason that Belmont is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 308th in terms of most discounted suburbs in QLD

Metrics i HOUSE UNIT
$627,000 $382,000
0.72% N/A
-3.87% N/A
4.48% N/A
$550 $430
65 11
4.56% 5.85%
51.2 80.91

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 4594
Median household income ($/weekly) 1861
Median age of persons 37
Median housing loan repayment ($/monthly) 2167
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 665 14.5
    25-34 years 523 11.4
    35-44 years 708 15.4
    45-54 years 724 15.8
    55-64 years 561 12.2
    Others 1413 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 1902 55.7
    Not Married 1216 35.6
    Defacto Relationship 297 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3338 74.8
    Papua New Guinea 244 5.5
    South Africa 61 1.4
    United Kingdom 206 4.6
    Other 197 4.4
    Others 418 9.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 111 2.6
    Christianity 3280 75.6
    Hinduism 91 2.1
    Islam 35 0.8
    No Religion 799 18.4
    Others 22 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 195 14.2
    $2,000-$2,499 181 13.2
    $2,500-$2,999 169 12.3
    $3,000-$3,499 125 9.1
    $4,000 or more 102 7.4
    Others 604 43.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1633 46.5
    Not in the labour force 895 25.5
    Employed, worked part-time 721 20.5
    Employed, away from work 149 4.2
    Unemployed, looking for work 111 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 338 13.5
    Professionals 592 23.7
    Technicians & trades workers 305 12.2
    Clerical & administrative workers 499 19.9
    Sales 222 8.9
    Others 547 21.9
    Occupation
    Census Count Percent(%)
    Pre-school 72 6.0
    Infants/Primary 453 37.9
    Secondary 314 26.3
    Technical or Further Educational Institution 85 7.1
    University or other Tertiary Institutions 228 19.1
    Others 43 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4021 90.5
    Semi-detached, row or terrace house, townhouse 389 8.8
    Flat, unit or apartment 31 0.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 678 44.8
    Fully owned 524 34.6
    Rented 313 20.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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