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