Belmore is an average performer in NSW when comparing median price capital growth over the last year. Belmore gave property investors a average capital gain figure when compared to the rest of the state, with 10.14%.
Comparing Belmore,2192 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Belmore is offering property investors an average of -5.24. This rate of discount on properties puts Suburb at number 193th in terms of most discounted suburbs in NSW
At number 850 in a list of fastest selling suburbs, Belmore is in the bottom 30% of suburbs in Australia with an average of days on market 79.18 for properties listed there.
A $595 per week rent on the median house gives suburb investors a gross yield of circa 2.58%, without taking into account capital value appreciation, which has been averaging out at 10.41%.
Investment property in Belmore 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 7.18%
Belmore,2192 has offered an average of 7.18% return per annum in house price rises to property investors over the last three years.
At number 75th of NSW’s most discounted properties, Belmore is in the bottom 30% of the state/territory when listing in order of most discounted to least.
At number 252 in a list of fastest selling suburbs, Belmore is in the bottom 40% of suburbs in Australia with an average of days on market 53 for properties listed there.
Situated 8.40km from the CBD, Belmore is one of Canterbury localities in the postcode 2192.