Suburb Profile Report for Belmont NSW (2280)

Belmont House: Median price $625,000, Annual capital growth 6.35%, Number of sales 128, Weekly median advertised rent $410

Belmont Unit: Median price $460,000, Annual capital growth 2.17%, Number of sales 46, Weekly median advertised rent $370

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

At number 109th in the list of Australian suburbs ordered by increase in median house value over the last year, Belmont, 2280 is in the top 10% with a property value increase of 28.60% recorded in median house prices.

While Belmont,2280 ranked number 862th in NSW for increase in median house value (annualised) increase, it is ranked 625th over the last 5 years.

Property buyers and investors in Belmont 2280 should be seeing an average reduction in asking price of around -4.67% . This means that Belmont is holding prices well when compared to other suburbs in NSW.

On average over the past year, suburb has had 10.67 sales per month, which equates to 128 per year.

Property investors who have had real estate in Belmont, 2280 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.52%

Belmont,2280 has offered an average of 11.52% return per annum in house price rises to property investors over the last three years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.67% offered to property buyers. Sellers in Belmont itself are offering an average vendor discount of -4.67% to real estate investors.

A $370 per week rent on the median house gives suburb investors a gross yield of circa 4.18%, without taking into account capital value appreciation, which has been averaging out at 2.17%.

Metrics i HOUSE UNIT
$625,000 $460,000
-0.40% 0.00%
28.60% 11.52%
6.35% 2.17%
$410 $370
128 46
3.41% 4.18%
52.2 70.21

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 6419
Median household income ($/weekly) 860
Median age of persons 46
Median housing loan repayment ($/monthly) 2000
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 732 11.4
    35-44 years 795 12.4
    45-54 years 929 14.5
    55-64 years 854 13.3
    65-74 years 693 10.8
    Others 2416 37.6
    Age Group
    Census Count Percent(%)
    Registered Married 2482 50.5
    Not Married 2138 43.5
    Defacto Relationship 293 6.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5554 91.1
    Papua New Guinea 53 0.9
    South Africa 34 0.6
    United Kingdom 219 3.6
    Other 58 1.0
    Others 177 2.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 27 0.5
    Christianity 4716 79.0
    Islam 20 0.3
    Other Religious Groups 25 0.4
    No Religion 1162 19.5
    Others 20 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 297 12.3
    $400-$599 389 16.2
    $600-$799 277 11.5
    $800-$999 209 8.7
    $1,500-$1,999 212 8.8
    Others 1024 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2278 44.9
    Employed, worked full-time 1575 31.0
    Employed, worked part-time 884 17.4
    Employed, away from work 170 3.3
    Unemployed, looking for work 169 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 298 11.3
    Professionals 471 17.9
    Technicians & trades workers 425 16.2
    Clerical & administrative workers 423 16.1
    Sales 283 10.8
    Others 731 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 113 8.7
    Infants/Primary 461 35.4
    Secondary 428 32.8
    Technical or Further Educational Institution 126 9.7
    University or other Tertiary Institutions 157 12.0
    Others 18 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4855 80.1
    Flat, unit or apartment 605 10.0
    Semi-detached, row or terrace house, townhouse 415 6.8
    Caravan, cabin, houseboat 163 2.7
    House or flat attached to a shop, office 26 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1095 42.0
    Rented 818 31.4
    Being purchased 664 25.5
    Other tenure type 32 1.2
    Tenure Type
Census 2011, ABS
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