Property value increases in Bellingen have tracked higher than the NSW average of -4.21% over the last 12 months.
Taking the average capital gain, or increase in median house value, Bellingen,2454 has racked up an average of 13.31% over the period. This ranks it number 653th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Bellingen 2454 should be seeing an average reduction in asking price of around -8.23% . This means that Bellingen is holding prices well when compared to other suburbs in NSW.
In the last year 49 properties changed hands in Bellingen, which puts it as the 525th most active market in NSW when comparing the number of sales per suburb.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 6.56%, investors should hope to achieve an overall return of 3.77%