Suburb Profile Report for Belmont QLD (4153)

Belmont House: Median price $710,000, Annual capital growth 2.37%, Number of sales 59, Weekly median advertised rent $550

Belmont Unit: Median price $382,000, Annual capital growth -0.08%, Number of sales 10, Weekly median advertised rent $435

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Belmont has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.43%

While Belmont,4153 ranked number 439th in QLD for increase in median house value (annualised) increase, it is ranked 382th over the last 5 years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.78% offered to property buyers. Sellers in Belmont itself are offering an average vendor discount of -3.41% to real estate investors.

On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.

Renters in Suburb are facing rents around $28600 per annum or $550 every week.

Over the last year, property investments in Belmont, 4153 have given investors a capital gain of -0.26%. This compares averagely with the 0.65% for QLD as a whole.

Belmont,4153 was ranked 864 in Australia by increase in median property value over the quarter.

Residents and property investors in Belmont have been waiting around 107.2 days to sell a property.

With the median price for a house in Belmont being $382000 and the advertised rent reaching $435 the gross rental yield for property investors calculates out to be 5.92%

Metrics i HOUSE UNIT
$710,000 $382,000
0.00% 0.00%
1.43% -0.26%
2.37% -0.08%
$550 $435
59 10
4.03% 5.92%
53.8039215686275 107.2

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4594
Median household income ($/weekly) 1861
Median age of persons 37
Median housing loan repayment ($/monthly) 2167
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 665 14.5
    25-34 years 523 11.4
    35-44 years 708 15.4
    45-54 years 724 15.8
    55-64 years 561 12.2
    Others 1413 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 1902 55.7
    Not Married 1216 35.6
    Defacto Relationship 297 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3338 74.8
    Papua New Guinea 244 5.5
    South Africa 61 1.4
    United Kingdom 206 4.6
    Other 197 4.4
    Others 418 9.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 111 2.6
    Christianity 3280 75.6
    Hinduism 91 2.1
    Islam 35 0.8
    No Religion 799 18.4
    Others 22 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 195 14.2
    $2,000-$2,499 181 13.2
    $2,500-$2,999 169 12.3
    $3,000-$3,499 125 9.1
    $4,000 or more 102 7.4
    Others 604 43.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1633 46.5
    Not in the labour force 895 25.5
    Employed, worked part-time 721 20.5
    Employed, away from work 149 4.2
    Unemployed, looking for work 111 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 338 13.5
    Professionals 592 23.7
    Technicians & trades workers 305 12.2
    Clerical & administrative workers 499 19.9
    Sales 222 8.9
    Others 547 21.9
    Occupation
    Census Count Percent(%)
    Pre-school 72 6.0
    Infants/Primary 453 37.9
    Secondary 314 26.3
    Technical or Further Educational Institution 85 7.1
    University or other Tertiary Institutions 228 19.1
    Others 43 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4021 90.5
    Semi-detached, row or terrace house, townhouse 389 8.8
    Flat, unit or apartment 31 0.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 678 44.8
    Fully owned 524 34.6
    Rented 313 20.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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