Investment property in Bellerive has done pretty 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 0.11%
Taking the average capital gain, or increase in median house value, Bellerive,7018 has racked up an average of 0.11% over the period. This ranks it number 2308th in the whole country for real estate investors looking at median house price increases.
Bellerive7018 is located in TAS which offers an average discount of -7.06% to property investors. Bellerive itself is showing figures that indicate -6.63% is the average achievable by property buyers investing in the suburb.
Bellerive, 7018’s gross rental yield is 4.27%
Bellerive is an average performer in TAS when comparing median price capital growth over the last year. Bellerive gave property investors a average capital gain figure when compared to the rest of the state, with 3.33%.
While Bellerive,7018 ranked number 23th in TAS for increase in median house value (annualised) increase, it is ranked 24th over the last 5 years.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.46% offered to property buyers. Sellers in Bellerive itself are offering an average vendor discount of -6.66% to real estate investors.
Situated 3.91km from the CBD, Bellerive is one of Clarence localities in the postcode 7018.