Belmont North, NSW

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Livability Index
107
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Population: 6481

House Growth Prediction (per annual): 22%, 1974th out of 5061

Unit Growth Prediction (per annual): 15%, 1398th out of 2987

Keywords: Active Market, Well Educated, Volunteer, Mining, Healthcare, Valuable House

Basics

Belmont North is a local community with population 6,481, and the population growth over the past decade is 12.8%. It has an average income $49,673.67 per annum. It has 94.1% of population who only speak English at home. Other top languages include Cantonese, German, Mandarin, Arabic, Afrikaans. Unemployment rate in Belmont North is 5.2% while people work as professionals is 17.4%. Belmont North has 0 Coles stores and 0 Woolworth stores. Its population density is 303.3 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Belmont North has Socio-Economic raw score 973 while the average score across Australia is 1000. Therefore, Belmont North has disadvantage in terms of Socio-Economic measure. It obtains relative score 38 out of 100 across Australia, while relative score 39 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Belmont North has a livability index 106.4, which is higher than average 100 across Australia. It ranks 1,309th out of 8,530 suburbs across Australia. Therefore, it is a suburb more livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 15.3% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Belmont North has a higher than average growth expectation. It ranks 5,578th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Belmont North is predicted to grow by 7% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Belmont North has a higher than average growth. It ranks 2,834th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Belmont North, which obtains score of 98.5 out of 100 within NSW based on local primary school student exam performance. Similar to primary school, secondary public school contribute to the attractiveness of Belmont North, which obtains score of 86.4 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Belmont North has a worse than average score, which is 38 out of 100. Similar to to primary school, secondary school has worse than average score, which is 49.5 out of 100.

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Belmont North, NSW smart rating was calculated by GeoIndex Australia.

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