At number 2936th in the list of Australian suburbs ordered by increase in median house value over the last year, Bellerive, 7018 is in the BOTTOM 30% with a property value increase of 1.10% recorded in median house prices.
If we look at median property appreciation over just the last three months, Bellerive has given property investors a paper return of -6.12%. This puts Suburb as 177 on a list of fastest fasting appreciating suburbs in TAS
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bellerive, 7018. Typically our figures indicate that -5.89% is being offered, which puts this TAS suburb at 1657th most discounted overall in Australia.
With a capital gain of 1.64% for the last 12 months, Bellerive, 7018 has performed for property investments than its average annual 3.67% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Bellerive has given property investors a paper return of 0.00%. This puts Suburb as 34 on a list of fastest fasting appreciating suburbs in TAS
Property investors looking for a bargain in Bellerive should be aiming for at least -4.32% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 44 properties changed hands in Bellerive, which puts it as the 10th most active market in TAS when comparing the number of sales per suburb.
Bellerive, 7018’s gross rental yield is 5.20%