Suburb_Report_Bell_Park_VIC_3215_06-08-2020

Suburb Report

Bell Park VIC 3215

Prepared on 06 August 2020
Prepared for David McGuinness
Prepared by David McGuinness
Phone 0412646009
Email [email protected]

Suburb Report

Bell Park VIC 3215

64km

Distance from GPO

5.0k

Population

5.0%

5 year population change

10 years

Average length of ownership

The size of Bell Park is approximately 2.8 square kilometres. It has 8 parks covering nearly 6.3% of total
area. The population of Bell Park in 2011 was 5,286 people. By 2016 the population was 5,023 showing a
population decline of 5.0% in the area during that time. The predominant age group in Bell Park is 20-
29 years. Households in Bell Park are primarily couples with children and are likely to be repaying
$1000 - $1399 per month on mortgage repayments. In general, people in Bell Park work in a trades
occupation. In 2011, 69.9% of the homes in Bell Park were owner-occupied compared with 66.5% in
2016. Currently the median sales price of houses in the area is $486,000.

Total dwellings Total new listings* Median Value Total number currently
listed
1,642 66 $507,588
14

489 29 $421,980 10

*Total number of unique properties listed for sale over the past 12 months.

06 August 2020 Page 2

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.

Suburb Report

Bell Park VIC 3215

Houses: For Sale

Number Sold vs. Median Value (monthly)

Change in Median Value Median Days on Market vs. Median Vendor Discount

$$$ $518,000 The 75th percentile sale price of sales over the past 12 months within the
suburb.
Upper Quartile Price*
$486,000 The middle sale price of all transactions recorded over the past 12 months
$$ within the suburb. Note that sale prices lower than $10,000 and higher
than $80,000,000 are excluded from the analysis.
Median Price*

$ $437,500 The 25th percentile sale price of sales over the past 12 months within the
suburb.
Lower Quartile Price*

*Statistics are calculated over a rolling 12 month period

06 August 2020 Page 3

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.

Suburb Report

Bell Park VIC 3215

Houses: Market Activity Snapshot

On The Market Recently Sold

1 2 3

26 Bellavista Road Bell BEDROOMS 123 Ballarat Road Bell Park 1
Park VIC 3215 VIC 3215 1
2 423m2
Listed on 28 Jul 2020 1 Sold on 11 May 2020
$440,000 - $470,000 332m2 $430,000 1
1
13 Malinda Crescent Bell 319m2
Park VIC 3215

Sold on 02 May 2020
$367,000

93 27
BEDROOMS

6 David Court Bell Park VIC - 23 Malinda Crescent Bell 2
3215 1 Park VIC 3215 2
636m2
Listed on 03 Aug 2020 Sold on 20 Jul 2020
$439,000 - $469,000 $530,000* 2
2
656m2 12 Nambet Court Bell Park 650m2
VIC 3215
69 McClelland Street Bell 4
Park VIC 3215 2 Sold on 16 Jul 2020
781m2 $465,000*
Listed on 03 Aug 2020
Price by Negotiation $559,000
- $599,000

24 6
BEDROOMS

1/42 Curtin Street Bell Park 2 40 Hedgeley Road Bell 2
VIC 3215 1 Park VIC 3215 2
604m2
Listed on 27 Jul 2020 Sold on 10 Jul 2020
$380,000 - $410,000 $750,000* 6
2
331m2 4 Samuel Close Bell Park 823m2
VIC 3215
8 Stella Court Bell Park VIC 2
3215 3 Sold on 23 Jun 2020
$666,000*
Listed on 12 Jun 2020
$820,000

365m2

= number of houses currently On the Market or Sold within the last 6 months Page 4
*Agent advised
06 August 2020

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.

Suburb Report

Bell Park VIC 3215

Units: For Sale

Number Sold vs. Median Value (monthly)

Change in Median Value Median Days on Market vs. Median Vendor Discount

$$$ $420,000 The 75th percentile sale price of sales over the past 12 months within the
suburb.
Upper Quartile Price*
The middle sale price of all transactions recorded over the past 12 months
$$ $385,000 within the suburb. Note that sale prices lower than $10,000 and higher
than $80,000,000 are excluded from the analysis.
Median Price*
The 25th percentile sale price of sales over the past 12 months within the
$ $350,000 suburb.

Lower Quartile Price*

*Statistics are calculated over a rolling 12 month period

06 August 2020 Page 5

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.

Suburb Report

Bell Park VIC 3215

Units: Market Activity Snapshot

On The Market Recently Sold

01 0
BEDROOMS

There are no 1 bedroom Units on the market in this suburb There are no recently sold 1 bedroom Units in this suburb

22 7
BEDROOMS

74 Bruce Street Bell Park 2 2/4 Tallinn Street Bell Park 2
VIC 3215 VIC 3215 1

Listed on 01 Aug 2020 2 Sold on 08 Apr 2020
154m2 $400,000
Price by Negotiation $449,000
- $489,000

335m2

2/12 Willow Crescent Bell 3 1/1A Maple Crescent Bell 1
Park VIC 3215 Park VIC 3215 1

Listed on 29 Jul 2020 1 Sold on 08 Apr 2020
223m2 $340,000
Price by Negotiation $385,000
- $420,000

270m2

83 6
BEDROOMS

2/207 Separation Street 2 2/45 Thorburn Street Bell 4
Bell Park VIC 3215 2 Park VIC 3215 2
-
Listed on 03 Aug 2020 Sold on 06 Jul 2020
$450,000 - $480,000 $517,500* 2
2
219m2 206B Separation Street 328m2
Bell Park VIC 3215
2/52 Curtin Street Bell Park
Sold on 29 May 2020
VIC 3215 2 $521,000

Listed on 01 Aug 2020 2
238m2
Price by Negotiation $459,000
- $499,000

= number of units currently On the Market or Sold within the last 6 months Page 6
*Agent advised
06 August 2020

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.

Suburb Report Indicative Gross Rental Yield (12 months)

Bell Park VIC 3215

Houses: For Rent

Median Asking Rent (12 months)

Houses: Rental Activity Snapshot

For Rent

12
BEDROOMS

12 Yaraan Street Bell Park 3
VIC 3215 1
630m2
Listed on 22 Jul 2020
$370/W

7 3

BEDROOMS

43 Deakin Street Bell Park - 7 McClelland Street Bell 1
VIC 3215 1 Park VIC 3215 1
660m2 651m2
Listed on 04 Aug 2020 Listed on 18 Jul 2020
$340/W $350/W

0 4

There are no 4 bedroom Houses for rent in this suburb BEDROOMS

= number of houses observed as On the Market for Rent within the last month

06 August 2020 Page 7

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.

Suburb Report Indicative Gross Rental Yield (12 months)

Bell Park VIC 3215

Units: For Rent

Median Asking Rent (12 months)

Units: Rental Activity Snapshot

For Rent

01
BEDROOMS

There are no 1 bedroom Units for rent in this suburb

7 2

BEDROOMS

16B Libau Avenue Bell Park 2 1/13 Hughes Street Bell 1
VIC 3215 Park VIC 3215 2
222m2
Listed on 03 Aug 2020 1 Listed on 27 Jul 2020
$360/W $380/W

190m2

5 3

BEDROOMS

1/10 Curtin Street Bell Park 1 21B Deakin Street Bell Park 2
VIC 3215 1 VIC 3215
676m2
Listed on 04 Aug 2020 Listed on 03 Aug 2020 2
$350/W $410/W

293m2

= number of units observed as On the Market for Rent within the last month

06 August 2020 Page 8

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.

Suburb Report

Bell Park VIC 3215

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The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the
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the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the
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06 August 2020 Page 9

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.