Belmont has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 11.94% to date .
Belmont,2280 was ranked 2543 in Australia by increase in median property value over the quarter.
Belmont2280 is located in NSW which offers an average discount of -5.93% to property investors. Belmont itself is showing figures that indicate -4.43% is the average achievable by property buyers investing in the suburb.
Belmont is 574th on a list of best yielding suburbs for rents in NSW with a 3.45% return
Investment property in Belmont has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.12%
Belmont,2280 has offered an average of 10.12% return per annum in house price rises to property investors over the last three years.
The most recent median price for Belmont is $462500, with sellers offering an average of -4.70% off the asking price.
Renters in Suburb are facing rents around $19630 per annum or $377.5 every week.
In the Newcastle region, the suburb of Belmont is one of the top growing house markets in NSWFull summary
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Houses sell in Lake Macquarie suburb
Median house price: $640,000
Three-year growth: 39.1%
Rental yield: 3.4%
In the Newcastle region, the suburb of Belmont is one of the top growing house markets in NSW.
The median value comes in at $640,000 following 32% growth in the May 2017-2018 period. This continues an ongoing streak of positive growth observed since 2013, and brings Belmont’s average annual growth rate to 6.7%.
Belmont is 20km from the Newcastle CBD, and lies on the eastern shore of Lake Macquarie. It is the home of many restaurants offering a beautiful view of the water, and the Belmont Bay foreshore serves as an ideal picnic and recreation spot. Residents and visitors to Belmont also enjoy activities like fishing, sailing, kayaking and surfing. The Belmont Airport offers skydiving sessions above Lake Macquarie, while the Lake Macquarie Carnival is great for families on holiday. Walking and cycling tracks are strewn across the Belmont Wetlands.Close