Property value increases in Bellevue have tracked lower than the WA average of -2.18% over the last 12 months.
Taking the average capital gain, or increase in median house value, Bellevue,6056 has racked up an average of -15.64% over the period. This ranks it number 4009th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Bellevue should be aiming for at least -10.78% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 23 properties changed hands in Bellevue, which puts it as the 340th most active market in WA when comparing the number of sales per suburb.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of -1.12%, investors should hope to achieve an overall return of 5.38%