If you compare the increase in value of investment property in Belmont, 3216 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 9.07%.
If we look at median property appreciation over just the last three months, Belmont has given property investors a paper return of 2.69%. This puts Suburb as 270 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Belmont is giving property investors an average Vendor Discount of around -6.46%. This puts suburb at number 205th in VIC when ranking the most discounted suburbs.
Belmont, 3216’s gross rental yield is 4.11%
Giving property investors a an unimpressive capital gain of -4.55% for the last year, Belmont, 3216 is the 1397th highest performer in Australia in this respect.
The five-year average increase in median property values for Belmont,3216 has given property investors a potential capital gain of 6.14% across each of those five years.
Sellers are offering property buyers an average discount of -6.84% to buyers in Belmont at the moment, which is less than average for the rest of VIC.