Property investors who have had real estate in Belair, 5052 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.28%
If we look at median property appreciation over just the last three months, Belair has given property investors a paper return of -1.48%. This puts Suburb as 341 on a list of fastest fasting appreciating suburbs in SA
In the last year 96 properties changed hands in Belair, which puts it as the 57th most active market in SA when comparing the number of sales per suburb.
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 4.02%, investors should hope to achieve an overall return of 3.94%