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City of Belmont, WA

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Belmont is an LGA in Western Australia, located just a few kilometers from Perth’s Central Business District. It holds some of the most popular suburbs in Perth, Western Australia.

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Investing in Belmont properties can be a very lucrative decision. With the population that continues to grow, the demand for housing has also increased. Some investors are getting into this market because of how profitable it can be. The cost of living here is not as high as it is in other capital cities, so your money can go much further than you would expect.

The population has increased by significantly over the last two decades and there are still many people moving to this area every year. This has led to an increase in demand for homes, which means that prices are going up, too. Belmont real estate is becoming pricier because of these reasons, but it’s worth it if you’re looking for a solid investment opportunity with a quick-selling commodity.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in City of Belmont, WA

What other property markets are there near the City of Belmont, WA?

City of Belmont is surrounded by 4 other council area – Kalamunda, Canning, Swan, Victoria Park.

How many people live in the City of Belmont, WA?

There are approximately 7000 people living in roughly 3000 dwellings with an average 2.4 people per household.

What are current and planned infrastructure projects in the City of Belmont, WA?

The developments of high quality, the amenity to meet the needs of the future and current community are of the main priority of the city of Belmont. You can find more information if you go to the Western Australia Government website.

What major retailers are there in the City of Belmont, WA?

Among the main retailers there are Mini Price, Belmont Forum, Aldi, Ally Fashion, Best & Less.

What is the main industry in the City of Belmont, WA?

Transport, postal and warehousing are the main industries in Belmont LGA.

What are the dominant demographic groups in the City of Belmont, WA?

Among approximately 7000 people in Belmont (WA) (State Suburbs) males and females make up roughly 52% and 48% respectively. The median age of people in Belmont (WA) (State Suburbs) is 34 years. Children aged 0 – 14 years make up roughly 15% of the population and people aged 65 years and over make up approximately 14% of the population.

How is unemployment rate trending in the City of Belmont, WA?

Among approximately 3,550 people employed estimated 59% work full time, 27% work part-time and 8.5% are unemployed.

Suburbs/localities in this Local Government Area: Rivervale 6103, Cloverdale 6105, Redcliffe 6104, Belmont 6104, Ascot 6104

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