At number 402th in the list of Australian suburbs ordered by increase in median house value over the last year, Belgrave South, 3160 is in the top 10% with a property value increase of 17.85% recorded in median house prices.
Comparing Belgrave South,3160 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Belgrave South is offering property investors an average of -6.01. This rate of discount on properties puts Suburb at number 392th in terms of most discounted suburbs in VIC
With the median price for a house in Belgrave South being $782500 and the advertised rent reaching $425 the gross rental yield for property investors calculates out to be 2.82%