If you compare the increase in value of investment property in Bellevue, 6056 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -8.75%.
Taking the average capital gain, or increase in median house value, Bellevue,6056 has racked up an average of -8.75% over the period. This ranks it number 3098th in the whole country for real estate investors looking at median house price increases.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.25% offered to property buyers. Sellers in Bellevue itself are offering an average vendor discount of -7.08% to real estate investors.
In the last year 27 properties changed hands in Bellevue, which puts it as the 320th most active market in WA when comparing the number of sales per suburb.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.56%, without taking into account capital value appreciation, which has been averaging out at 1.77%.