Giving property investors a an unimpressive capital gain of 0.33% for the last year, Bellambi, 2518 is the 2705th highest performer in Australia in this respect.
While Bellambi,2518 ranked number 1036th in NSW for increase in median house value (annualised) increase, it is ranked 142th over the last 5 years.
Sellers are offering property buyers an average discount of -3.96% to buyers in Bellambi at the moment, which is less than average for the rest of NSW.
Bellambi has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.38% to date .
Bellambi,2518 has offered an average of 6.38% return per annum in house price rises to property investors over the last three years.
Bellambi, 2518 is offering NSW ‘s 296th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
Residents and property investors in Bellambi have been waiting around 49.8 days to sell a property.
The NSW suburb of Bellambi, 2518 is in the Wollongong local government area.
The suburb has a high annual growth rate of 7% following a five-year period of considerable growth.Full summary
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Beach suburb capitalises on proximity to nature
Median unit price: $440,000
Three-year growth: 58.56%
Rental yield: 3.90%
Just 17 minutes from the city of Wollongong, the suburb of Bellambi offers residents a beach lifestyle.
Because of its amenities, it has consistently been a strong performer. Bellambi has a high annual growth rate of 7% following a five-year period of considerable growth. In the past 12 months leading up to April 2017, unit prices skyrocketed by almost 25% - suggesting the high demand for such properties. Its excellent location near the CBD could be inspiring more single employees to take up residence here since property values are lower.
Bellambi puts a spotlight on its natural attractions, such as the Bellambi Lagoon Reserve. Those looking to get to Wollongong can do so by train as Bellambi is linked to the South Coast Line. Close