Suburb Profile Report for Bellfield VIC (3081)

Bellfield House: Median price $720,000, Annual capital growth 9.99%, Number of sales 29, Weekly median advertised rent $355

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Bellfield has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.46%

LACK OF BUYER INTEREST may well be the reason that Bellfield is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 584th in terms of most discounted suburbs in VIC

HOUSE UNIT
$720,000 N/A
N/A N/A
7.46% N/A
9.99% N/A
$355 N/A
29 N/A
2.56% N/A
31.64 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Bellfield VIC
Demographics
Total population 1728
Median household income ($/weekly) 1103
Median age of persons 37
Median housing loan repayment ($/monthly) 1300
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 168 9.7
    25-34 years 299 17.3
    35-44 years 232 13.4
    45-54 years 240 13.9
    55-64 years 201 11.6
    Others 589 34.1
    Age Group
    Census Count Percent(%)
    Not Married 726 55.4
    Registered Married 488 37.3
    Defacto Relationship 96 7.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1083 67.6
    Croatia 56 3.5
    Indonesia 66 4.1
    Malaysia 48 3.0
    Other 93 5.8
    Others 255 15.9
    Country of Birth
    Census Count Percent(%)
    Christianity 807 53.0
    Hinduism 43 2.8
    Islam 134 8.8
    Other Religious Groups 43 2.8
    No Religion 461 30.2
    Others 36 2.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 66 12.1
    $400-$599 52 9.5
    $1,000-$1,249 52 9.5
    $1,500-$1,999 70 12.8
    $2,000-$2,499 53 9.7
    Others 254 46.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 545 40.3
    Employed, worked full-time 409 30.3
    Employed, worked part-time 269 19.9
    Employed, away from work 68 5.0
    Unemployed, looking for work 60 4.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 160 21.5
    Technicians & trades workers 109 14.7
    Community & personal service workers 91 12.2
    Clerical & administrative workers 77 10.4
    Labourers 98 13.2
    Others 208 28.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 105 27.8
    Secondary 88 23.3
    Technical or Further Educational Institution 48 12.7
    University or other Tertiary Institutions 80 21.2
    Other type of educational institution 33 8.7
    Others 24 6.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1546 96.6
    Semi-detached, row or terrace house, townhouse 51 3.2
    Flat, unit or apartment 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 261 44.0
    Fully owned 174 29.3
    Being purchased 158 26.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals