At number 3006th in the list of Australian suburbs ordered by increase in median house value over the last year, Belmont North, 2280 is in the BOTTOM 30% with a property value increase of -7.14% recorded in median house prices.
The five-year average increase in median property values for Belmont North,2280 has given property investors a potential capital gain of 28.49% across each of those five years.
Property investors looking for a bargain in Belmont North should be aiming for at least -8.30% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 6.42 sales per month, which equates to 77 per year.
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 6.01%, investors should hope to achieve an overall return of 4.14%