Property investors who have had real estate in Belgrave, 3160 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.67%
Taking the average capital gain, or increase in median house value, Belgrave,3160 has racked up an average of -6.67% over the period. This ranks it number 499th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Belgrave is offering property investors an average of -6.90. This rate of discount on properties puts Suburb at number 220th in terms of most discounted suburbs in VIC
Renters in Suburb are facing rents around $23920 per annum or $460 every week.