Belmore, NSW

Be the first to review
Livability Index
95.9
What's this?

Population: 12574

House Growth Prediction (per annual): 28%, 676th out of 5061

Unit Growth Prediction (per annual): 21%, 421th out of 2987

Keywords: Active Market, Valuable Market, High Dwelling, Business Area, High Population, High Population Density, Born Overseas, Diverse Language

Basics

Belmore is a local community with population 12,574, and the population growth over the past decade is 4.79%. It has an average income $42,873.33 per annum. It has 25.5% of population who only speak English at home. Other top languages include Greek, Arabic, Vietnamese, Korean, Cantonese. Unemployment rate in Belmore is 7.6% while people work as professionals is 16.8%. Belmore has 0 Coles stores and 0 Woolworth stores. Its population density is 2,939.12 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Belmore has Socio-Economic raw score 918.3 while the average score across Australia is 1000. Therefore, Belmore has disadvantage in terms of Socio-Economic measure. It obtains relative score 18 out of 100 across Australia, while relative score 18 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. Belmore has a livability index 94.3, which is lower than average 100 across Australia. It ranks 5,242th out of 8,530 suburbs across Australia. Therefore, it is a suburb less 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 15.6% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Belmore has a higher than average growth expectation. It ranks 5,736th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Belmore is predicted to grow by 7.2% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Belmore has a higher than average growth. It ranks 2,924th 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 Belmore, which obtains score of 95.4 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 Belmore, which obtains score of 81.4 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Belmore has a worse than average score, which is 33.5 out of 100. Unlike to primary school, secondary school has better than average score, which is 51.1 out of 100.

Review

Review Belmore, NSW

 

Belmore, NSW smart rating was calculated by GeoIndex Australia.

Did you notice any missing info or inaccuracies? Feel free to contact us.