Belmore is a well-established suburb in New South Wales within the Canterbury-Bankstown local government area (postcode 2192). With a population of 13,781, the suburb has an established demographic with a median age of 38. Households earn a median income of $76K per year, with an average household size of 2.6 people. The most common occupations are professionals, clerical & administrative, community & personal service. The top ancestries reported are Greek, Lebanese, Chinese.
The median house price in Belmore is $3.0 million, having surged 73.5% over the past year. Units have a median price of $650,000 (+5.7% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $2,156.
Belmore is served by 5 schools, including 3 primary, 1 secondary, 1 combined. The average ICSEA score is 1011, which is around the national average of 1,000. Public transport access includes 46 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, Belmore offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 39.0x is considered stretched. House prices have moved +73.5% year-on-year.
Belmore is a well-established suburb in New South Wales within the Canterbury-Bankstown local government area (postcode 2192). With a population of 13,781, the suburb has an established demographic with a median age of 38. Households earn a median income of $76K per year, with an average household size of 2.6 people. The most common occupations are professionals, clerical & administrative, community & personal service. The top ancestries reported are Greek, Lebanese, Chinese.
The median house price in Belmore is $3.0 million, having surged 73.5% over the past year. Units have a median price of $650,000 (+5.7% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $2,156.
Belmore is served by 5 schools, including 3 primary, 1 secondary, 1 combined. The average ICSEA score is 1011, which is around the national average of 1,000. Public transport access includes 46 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, Belmore offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 39.0x is considered stretched. House prices have moved +73.5% year-on-year.