Bellevue Heights is a smaller suburb in South Australia within the Mitcham local government area (postcode 5050). With a population of 2,712, the suburb has a mature demographic with a median age of 47. Households earn a median income of $86K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Bellevue Heights is $1.1 million, having dropped significantly 10.8% over the past year. Units have a median price of $430,000 (+34% YoY). The current median weekly rent is $318. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,750.
Bellevue Heights is served by 1 school, including 1 primary. The average ICSEA score is 1090, which is above the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Mitcham LGA is low at 1,106 incidents per 100,000 population.
From an investment perspective, Bellevue Heights offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 12.9x is considered stretched. House prices have moved -10.8% year-on-year.
Bellevue Heights is a smaller suburb in South Australia within the Mitcham local government area (postcode 5050). With a population of 2,712, the suburb has a mature demographic with a median age of 47. Households earn a median income of $86K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Bellevue Heights is $1.1 million, having dropped significantly 10.8% over the past year. Units have a median price of $430,000 (+34% YoY). The current median weekly rent is $318. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,750.
Bellevue Heights is served by 1 school, including 1 primary. The average ICSEA score is 1090, which is above the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Mitcham LGA is low at 1,106 incidents per 100,000 population.
From an investment perspective, Bellevue Heights offers a gross rental yield of 1.5%, rated as low yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 12.9x is considered stretched. House prices have moved -10.8% year-on-year.