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Investment Property Bellerive, TAS, 7018

Suburb Snapshot

Bellerive is a suburb in the Clarence Region of Tasmania. Bellerive has a population of 4,500 people and 25.27% of its occupants live in rental accommodation. The median listing price for houses is $850,000 and this has changed 6.64% over the past year and changed 2.40% over 2 years.

The median rent in Bellerive for houses is $570 per week and the median rental yield is 3.48%. Stock on the market for houses/townhouses has changed -12.50% compared to last year and the average time to sell a house/townhouse is 93 days.The median listing price for units is $520,000 and this has changed -5.46% over the past year. The average unit takes 71 days to sell and the median rent for a unit in Bellerive is $450 per week, producing a rental yield of 4.50%.

Supply & Demand in Bellerive, Clarence

0.82%

Current vacancy rate


20

Rental stock available


4,500

Population


25.27%

Rental population


0.50%

Current vacancy rate


144

Rental stock available


54,820

Population


20.82%

Rental population


0.51%

Current vacancy rate


1,414

Rental stock available


509,956

Population


23.11%

Rental population


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Statistical data for Bellerive, Clarence

  House Townhouses Units
Median listing price $850,000 $767,500 $520,000
Median price change - last quarter 0.00% NA 2.46%
Median price change - 1 year 6.64% NA -5.46%
Median price change - 2 years 2.40% NA -3.71%
  House Townhouses Units
Median weekly rent $570 $490 $450
Median yield % 3.48% 3.31% 4.50%
Median rent change - 1 year 3.63% 4.25% 9.75%
  House Units
Previous month sales 6 1
Stock on market previous month 21 13
Stock variance vs. last year -12.50% 85.71%
Average days on market 93 71

Bellerive investment property listings

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