At number 593th in the list of Australian suburbs ordered by increase in median house value over the last year, Bella Vista, 2153 is in the top 20% with a property value increase of 9.67% recorded in median house prices.
While Bella Vista,2153 ranked number 1054th in NSW for increase in median house value (annualised) increase, it is ranked 392th over the last 5 years.
The most recent median price for Bella Vista is $1672500, with sellers offering an average of -7.01% off the asking price.
A $780 per week rent on the median house gives suburb investors a gross yield of circa 2.43%, without taking into account capital value appreciation, which has been averaging out at 8.04%.
Over the last year, property investments in Bella Vista, 2153 have given investors a capital gain of 1.25%. This compares favourably with the -0.92% for NSW as a whole.
Property investors should expect to get $620 weekly from the median priced house in this suburb.