Giving property investors a a solid capital gain of 20.70% for the last year, Belmont South, 2280 is the 444th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Belmont South has increased when compared to the 5 year average annual rate.
At number 537th of NSW’s most discounted properties, Belmont South is in the TOP 40% of the state/territory when listing in order of most discounted to least.
In the last year 21 properties changed hands in Belmont South, which puts it as the 1113th most active market in NSW when comparing the number of sales per suburb.
A $395 per week rent on the median house gives suburb investors a gross yield of circa 3.98%, without taking into account capital value appreciation, which has been averaging out at 5.28%.