Over the last year, property investments in Bellerive, 7018 have given investors a capital gain of 0.21%. This compares badly with the 6.13% for TAS as a whole.
Bellerive,7018 has offered an average of 0.21% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Bellerive should be aiming for at least -5.66% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 5.92 sales per month, which equates to 71 per year.
With the median price for a house in Bellerive being $450930 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.38%
Property investors who have had real estate in Bellerive, 7018 should be ok with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.33%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bellerive has increased when compared to the 5 year average annual rate.
Bellerive, 7018 is offering TAS ‘s 20th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this TAS.
Residents and property investors in Bellerive have been waiting around 54.37 days to sell a property.
Situated 4.01km from the CBD, Bellerive is one of Clarence localities in the postcode 7018.