VIC has seen average median house prices change by 7.68% which means that Belmont, 3216 has done well for property investors by showing a capital gain of 4.24% over the last year
A 19.00% growth in median value for property investors in Belmont,3216 puts this suburb at number 358th in terms of best performing suburbs in VIC
At number 211th of VIC’s most discounted properties, Belmont is in the bottom 40% of the state/territory when listing in order of most discounted to least.
At number 574 in a list of fastest selling suburbs, Belmont is in the TOP 20% of suburbs in Australia with an average of days on market 52.36 for properties listed there.
Renters in Suburb are facing rents around $4140 per annum or $345 every week.
Property investors who have had real estate in Belmont, 3216 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.38%
Belmont,3216 has offered an average of -4.38% return per annum in house price rises to property investors over the last three years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.14% offered to property buyers. Sellers in Belmont itself are offering an average vendor discount of -6.98% to real estate investors.
Belmont, 3216’s gross rental yield is 5.12%