Belmont South, NSW

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Livability Index
103.1
What's this?

Population: 1204

House Growth Prediction (per annual): 19%, 2583th out of 5061

Unit Growth Prediction (per annual): 12%, 1965th out of 2987

Keywords: Volunteer, Mining

Basics

Belmont South is a local community with population 1,204, and the population growth over the past decade is -9.45%. It has an average income $48,355 per annum. It has 94.6% of population who only speak English at home. Other top languages include Arabic, Indonesian, Slovak, Norwegian. Unemployment rate in Belmont South is 6.2% while people work as professionals is 13.4%. Belmont South has 0 Coles stores and 0 Woolworth stores. Its population density is 183.66 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Belmont South has Socio-Economic raw score 890.4 while the average score across Australia is 1000. Therefore, Belmont South has disadvantage in terms of Socio-Economic measure. It obtains relative score 11 out of 100 across Australia, while relative score 11 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 South has a livability index 103.3, which is higher than average 100 across Australia. It ranks 2,132th 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 17.4% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Belmont South has a higher than average growth expectation. It ranks 6,642th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Belmont South is predicted to grow by 9% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Belmont South has a higher than average growth. It ranks 3,640th 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 South, 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 South, 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 South 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 South, NSW smart rating was calculated by GeoIndex Australia.

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