Property investors who have had real estate in Belgrave South, 3160 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 26.46%
Taking the average capital gain, or increase in median house value, Belgrave South,3160 has racked up an average of 26.46% over the period. This ranks it number 1825th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Belgrave South is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 40th in terms of most discounted suburbs in VIC
At number 80 in a list of fastest selling suburbs, Belgrave South is in the TOP 10% of suburbs in Australia with an average of days on market 26.58 for properties listed there.