BELVEDERE PARK
Investor score
55
Liveability score
44
Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.
Median price
Real$942,000
VIC Gov · 2025
Rent yield
Real1.9%
computed from govt data
Annual growth
Real6.5%
annualised from govt data
Vacancy rate
Est.2.3%
modelled estimate
AI insights for BELVEDERE PARK
Investment analysis, risks & comparisons
BELVEDERE PARK shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
Compare BELVEDERE PARK with nearby suburbs
Side-by-side on price, yield, growth, schools, safety & more.
Resident reviews
What people who know BELVEDERE PARK say
No reviews yet — be the first to share what BELVEDERE PARK is like.
Reviews are the opinions of individual users and are not verified by Australia Property.
Median rent
$351/wk
DFFH Moving Annual Rent · Sep 2025
Demand change
+4.2%
annual shift
Yield × growth index
4.2
combined signal
Net yield (est.)
2.72%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+6.1%
est. compound, long-run avg
10-yr growth (CAGR)
+4.5%
est. compound, long-run avg
Rental demand
53 / 100
Moderate demand
Supply pipeline
Est.1.4%
new dwellings approved / stock · Modelled estimate
Low supply pressure
5-year price history
Source: VIC Gov · 2025 · all sources
Market overview
BELVEDERE PARK is a metropolitan VIC suburb with strong capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.
Highlights
- Metro VIC suburb with strong infrastructure and transport
- Rental yield 1.9% with stable tenant demand
- Consistent annual growth of 6.5%
- Access to national transport network and amenities
Risk factors
- High entry price may limit buyer pool
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$1,500/wk
$81k taxable p.a.
Renters
32.9%
62.9% owner-occupier
Median age
40.0 yrs
Unemployment
4.1%
Population growth
+2.6% p.a.
Investor-owned
10.0%
of all dwellings (ATO)
Houses
71%
22% apartments
Degree qualified
44.8%
bachelor's or higher (ABS)
Work from home
29.9%
of employed residents (ABS Census)
Median lot size
620 m²
Standard block
Household size
2.4 persons
avg per dwelling (ABS Census)
Short-term rental
12.9%
Active STR market
Market activity
Distance to CBD
35.7 km
Regional
Days on market
32 days
Normal turnover
Auction clearance
65.7%
Strong demand
Walkability
34 / 100
Some errands walkable
Coastal proximity
7.3 km
Near coast
NBN technology
FTTPFastest — full fibre to premises
Population density
1,471/km²
Suburban
Schools in postcode 3198
🏫Primary (6)
Government · Yrs Prep-6 · Major Cities
Catholic · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Major Cities
Government · Yrs Prep-6 · Major Cities
🎓Secondary (1)
Patterson River Secondary College
Government · Yrs 7-12 · Major Cities
⭐Special (1)
Government · Yrs U · Major Cities
ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.
Liveability & safety
Safety index
High crime13.1 offences / 100 persons
Source: VIC Crime Statistics Agency · Dec 2025
School quality
Average8 schools in postcode area
Source: ACARA My School 2025
Transit access
GoodSource: State GTFS feeds
Gentrification signal
39
/ 100
Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
Properties in BELVEDERE PARK
View listingsLocal professionals
Connect with agents and building inspectors who operate in BELVEDERE PARK. Ask about off-market opportunities, rental appraisals, or arrange a building inspection.
Sign in to contact local professionals
Create a free account to message agents and inspectors directly.