At number 3853th in the list of Australian suburbs ordered by increase in median house value over the last year, Belmont South, 2280 is in the BOTTOM 10% with a property value increase of -12.48% recorded in median house prices.
Belmont South,2280 has offered an average of -12.48% return per annum in house price rises to property investors over the last three years.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.46% offered to property buyers. Sellers in Belmont South itself are offering an average vendor discount of -5.21% to real estate investors.
With the median price for a house in Belmont South being $547000 and the advertised rent reaching $415 the gross rental yield for property investors calculates out to be 3.95%