Investment property in Belair has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.63%
While Belair,5052 ranked number 374th in SA for increase in median house value (annualised) increase, it is ranked 140th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Belair is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 149th in terms of most discounted suburbs in SA
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 4.36%, investors should hope to achieve an overall return of 3.29%