Suburb Profile Report for Bellamack NT (0832)

Bellamack House: Median price $582,500, Annual capital growth 11.87%, Number of sales 60, Weekly median advertised rent $0

Bellamack Unit: Median price $285,000, Annual capital growth -0.62%, Number of sales 11, Weekly median advertised rent $500

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

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Bellamack, 0832 should be ok with this NT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.49%

Bellamack,0832 was ranked 2985 in Australia by increase in median property value over the quarter.

Vendor discounting in Bellamack is giving property investors an average Vendor Discount of around 0.00%. This puts suburb at number 32th in NT when ranking the most discounted suburbs.

Situated 16.47km from the CBD, Bellamack is one of Palmerston (C) localities in the postcode 0832.

Bellamack is in the bottom 30% in NT when comparing median price capital growth over the last year. Bellamack gave property investors a disappointing capital gain figure when compared to the rest of the state, with 5.56%.

The five-year average increase in median property values for Bellamack,0832 has given property investors a potential capital gain of -0.52% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bellamack, 0832. Typically our figures indicate that 0.00% is being offered, which puts this NT suburb at 1023th most discounted overall in Australia.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$582,500 $285,000
2.70% 2.70%
11.49% 5.56%
11.87% -0.62%
$0 $500
60 11
0.00% 5.47%
0 41.0909090909091

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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