Property investors who have had real estate in Bella Vista, 2153 should be ok 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 3.48%
Taking the average capital gain, or increase in median house value, Bella Vista,2153 has racked up an average of 3.48% over the period. This ranks it number 2851th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Bella Vista is offering property investors an average of -6.32. This rate of discount on properties puts Suburb at number 347th in terms of most discounted suburbs in NSW
In the last year 82 properties changed hands in Bella Vista, which puts it as the 306th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Bella Vista being $1578000 and the advertised rent reaching $760 the gross rental yield for property investors calculates out to be 2.50%
NSW has seen average median house prices change by 0.87% which means that Bella Vista, 2153 has done well for property investors by showing a capital gain of 28.24% over the last year
Comparing Bella Vista,2153 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The NSW suburb of Bella Vista, 2153 is in the The Hills Shire (A) local government area.