Bellevue Hill snapshot
- Median price: $3,895,652
- Median weekly rent: $1,902/wk
- Population: 14,429
- Days on market: 59 days
How Bellevue Hill stacks up
- Rental Yield: Low
- Capital Growth: Moderate
- Vacancy: Average
About Bellevue Hill
Bellevue Hill is an appealing suburb for property investors due to its high median price, indicating a strong demand for real estate in the area. With a population of over 14,000 residents, the suburb offers a vibrant community atmosphere that can attract potential tenants and buyers alike.
The suburb's capital growth is currently in the moderate band, suggesting steady appreciation in property values over time. Although rental yields are on the lower side, the average rental vacancy indicates a consistent demand for rental properties, making it a potentially stable investment choice.
Frequently asked questions
What is the median property price in Bellevue Hill?
The median property price is $3,895,652.
How much can I expect to earn in weekly rent?
The median weekly rent is $1,902.
What is the population of Bellevue Hill?
The suburb has a population of 14,429.
How long do properties typically stay on the market?
Properties typically stay on the market for around 59 days.
What is the rental vacancy situation like?
The rental vacancy rate is in the average band, indicating steady demand.