Suburb Profile Report for Bellevue Hill NSW (2023)

Bellevue Hill House: Median price $5,575,000, Annual capital growth 6.07%, Number of sales 83, Weekly median advertised rent $2,700

Bellevue Hill Unit: Median price $1,125,000, Annual capital growth 7.16%, Number of sales 143, Weekly median advertised rent $700

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property investors who have had real estate in Bellevue Hill, 2023 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 16.15%

Across a shorter period, Bellevue Hill, 2023 has seen a median price increase of 2.29% over the last quarter.

Sellers are offering property buyers an average discount of -9.00% to buyers in Bellevue Hill at the moment, which is less than average for the rest of NSW.

Bellevue Hill, 2023 ranked 534th in NSW when comparing growth in median property values or capital gain over the last 12 months. Bellevue Hill is one of 3163 in our list for NSW

The five-year average increase in median property values for Bellevue Hill,2023 has given property investors a potential capital gain of 48.51% across each of those five years.

Vendor discounting in Bellevue Hill is giving property investors an average Vendor Discount of around -10.32%. This puts suburb at number 3rd in NSW when ranking the most discounted suburbs.

In the last year 143 properties changed hands in Bellevue Hill, which puts it as the 94th most active market in NSW when comparing the number of sales per suburb.

A $700 per week rent on the median house gives suburb investors a gross yield of circa 3.24%, without taking into account capital value appreciation, which has been averaging out at 7.16%.

Information supplied by:


July 2017

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Prices are still skyrocketing in Bellevue Hill, but this doesn’t seem to have affected demand as the average vacancy rate fell from 2.64% in April 2016 to 2.12% after 12 months, according to Real Estate Investar.Full summary

Occupants set their eyes on expensive suburb
Median house price: $4,837,500
Vacancy rate: 2.12%
Three-year growth: 38.21% 

Prices are still skyrocketing in the premium suburb of Bellevue Hill, but this doesn’t seem to have affected demand as the average vacancy rate fell from 2.64% in April 2016 to 2.12% after 12 months, according to Real Estate Investar.

The suburb’s proximity likely plays a significant role in its popularity, since it’s just 5km from the Sydney CBD. Bellevue Hill has also played host to celebrity residents, including actress Toni Collette, while Russell Crowe was once a prospective buyer in this area. History is a big part of the residential scene, with the abundance of heritage buildings in town.

Bellevue Hill is the site of several public and private schools. Meanwhile, Sydney can be reached by bus and train.   

Close
Metrics i HOUSE UNIT
$5,575,000 $1,125,000
2.29% -4.66%
16.15% -10.00%
6.07% 7.16%
$2,700 $700
83 143
2.52% 3.24%
89.05 63.42

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Bellevue Hill NSW
Demographics
Total population 10766
Median household income ($/weekly) 2566
Median age of persons 36
Median housing loan repayment ($/monthly) 3250
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1264 11.7
    25-34 years 1900 17.6
    35-44 years 1543 14.3
    45-54 years 1396 13.0
    55-64 years 1250 11.6
    Others 3412 31.7
    Age Group
    Census Count Percent(%)
    Registered Married 3431 47.2
    Not Married 3020 41.6
    Defacto Relationship 817 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6064 64.2
    Papua New Guinea 259 2.7
    South Africa 511 5.4
    United Kingdom 624 6.6
    Other 860 9.1
    Others 1133 12.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 138 1.5
    Christianity 4182 46.6
    Hinduism 48 0.5
    Judaism 2480 27.6
    No Religion 2064 23.0
    Others 67 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 328 10.2
    $2,000-$2,499 247 7.7
    $2,500-$2,999 601 18.7
    $3,000-$3,499 344 10.7
    $4,000 or more 546 17.0
    Others 1150 35.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3419 44.3
    Not in the labour force 2363 30.6
    Employed, worked part-time 1498 19.4
    Employed, away from work 253 3.3
    Unemployed, looking for work 189 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 1074 20.8
    Professionals 2167 41.9
    Community & personal service workers 345 6.7
    Clerical & administrative workers 662 12.8
    Sales 400 7.7
    Others 523 10.1
    Occupation
    Census Count Percent(%)
    Pre-school 193 7.4
    Infants/Primary 725 27.7
    Secondary 843 32.2
    Technical or Further Educational Institution 119 4.5
    University or other Tertiary Institutions 661 25.3
    Others 76 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4449 49.0
    Flat, unit or apartment 4084 45.0
    Semi-detached, row or terrace house, townhouse 541 6.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1326 37.0
    Rented 1245 34.7
    Being purchased 1001 27.9
    Other tenure type 15 0.4
    Tenure Type
Census 2011, ABS
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