Investment property in Belmont North has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.04%
Belmont North,2280 was ranked 1146 in Australia by increase in median property value over the quarter.
Vendor discounting in Belmont North is giving property investors an average Vendor Discount of around -7.46%. This puts suburb at number 379th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Belmont North the average time real estate has been on the market is 63.7778 days.
The five-year average increase in median property values for Belmont North,2280 has given property investors a potential capital gain of 28.47% across each of those five years.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.38%, without taking into account capital value appreciation, which has been averaging out at -12.51%.