Thinking about buying in Belyuen? Now could not be a better time, with just 1 residential dwellings it's a highly sought after location.
Distance to the coast is 4 Km.
In Belyuen there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Belyuen due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Belyuen classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Belyuen requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Belyuen we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Belyuen a better buying opportunity than it may have been in the past.
|Median Weekly Rent||$75.00|
|Median Monthly Mortgage||$0.00|
|Median Persons Per Bedroom||1.20|
|Average Household Size||3.00|
|Average Cars Per Dwelling||0.20|
|Average Properties Within 50M||1.00|
Belyuen School(While the above schools are located with the suburb of Belyuen there may also be nearby schools whose catchments cover this suburb)
Incidents Trend State Average
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source: Australian Government Bureau of Meteorology
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