With a capital gain of 15.06% for the last 12 months, Belmont, 3216 has performed for property investments than its average annual 6.33% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Belmont has given property investors a paper return of 1.30%. This puts Suburb as 434 on a list of fastest fasting appreciating suburbs in VIC
Belmont3216 is located in VIC which offers an average discount of -5.26% to property investors. Belmont itself is showing figures that indicate -4.60% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Belmont the average time real estate has been on the market is 44.99 days.
The VIC suburb of Belmont, 3216 is in the Greater Geelong local government area.
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 8.10%.
A 14.65% growth in median value for property investors in Belmont,3216 puts this suburb at number 298th in terms of best performing suburbs in VIC
Belmont, 3216 is offering VIC ‘s 94th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this VIC.