Belfield is a mid-sized suburb in New South Wales within the Canterbury-Bankstown local government area (postcode 2191). With a population of 6,555, the suburb has an established demographic with a median age of 40. Households earn a median income of $90K per year, with an average household size of 2.9 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Lebanese, Australian, Italian.
The median house price in Belfield is $2.1 million, having grown strongly 8.4% over the past year. Units have a median price of $910,000 (+11% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,500.
Belfield is served by 1 school, including 1 primary. The average ICSEA score is 1036, which is around the national average of 1,000. Public transport access includes 27 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,349 incidents per 100,000 population.
From an investment perspective, Belfield offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.9x is considered stretched. House prices have moved +8.4% year-on-year.
Belfield is a mid-sized suburb in New South Wales within the Canterbury-Bankstown local government area (postcode 2191). With a population of 6,555, the suburb has an established demographic with a median age of 40. Households earn a median income of $90K per year, with an average household size of 2.9 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Lebanese, Australian, Italian.
The median house price in Belfield is $2.1 million, having grown strongly 8.4% over the past year. Units have a median price of $910,000 (+11% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,500.
Belfield is served by 1 school, including 1 primary. The average ICSEA score is 1036, which is around the national average of 1,000. Public transport access includes 27 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,349 incidents per 100,000 population.
From an investment perspective, Belfield offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($2.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.9x is considered stretched. House prices have moved +8.4% year-on-year.