Belrose is in the bottom 20% in NSW when comparing median price capital growth over the last year. Belrose gave property investors a dismal capital gain figure when compared to the rest of the state, with -12.50%.
Belrose,2085 was ranked 3595 in Australia by increase in median property value over the quarter.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.34% offered to property buyers. Sellers in Belrose itself are offering an average vendor discount of -10.15% to real estate investors.
Situated 15.07km from the CBD, Belrose is one of Northern Beaches (A) localities in the postcode 2085.
Belrose has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 8.29% to date .
Over the longer term, Belrose has seen property prices show investors a -19.01% return over the last 3 years. This is an improvement over the last 12 months
Vendor discounting in Belrose is giving property investors an average Vendor Discount of around -4.75%. This puts suburb at number 311th in NSW when ranking the most discounted suburbs.
Property investors should expect to get $672.5 weekly from the median priced house in this suburb.