Belmont South

Belmont South, NSW 2280, is a suburb with a population of 1053, experiencing minor population growth over recent years. The residents have a median household income slightly above the national average. The suburb has a diverse range of age groups, with significant numbers in the age range of 5-19 and 45-64 years. The most prominent occupations in the area include Technicians and Tradeworkers, Community and Personal Service Workers, and Labourers. The majority of residents commute by motor vehicle, while a notable portion also works from home. For houses, Belmont South presents an opportunity for investors interested in renovation projects, as indicated by a high sale price IQR ratio. The area has shown moderate growth rates over the past few years. The rental market for houses seems stable, with a reasonable yield median. For units, the market is less competitive compared to houses, offering potential entry-level investment opportunities. Belmont South is a peaceful suburb suitable for families and individuals looking for a relaxed coastal lifestyle. The area provides ample opportunities for property investors, with options for both renovation projects in the house market and entry-level investments in the unit market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022