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Belmont is a delightful suburb that offers a fantastic blend of urban convenience and suburban charm, making it a lovely place to call home. Its vibrant atmosphere is complemented by a diverse community, creating a welcoming environment for residents from all walks of life. The suburb's proximity to Perth's CBD ensures that you're never far from the action, while still enjoying the peace and tranquility of suburban living. Belmont's location near the Swan River and its abundance of parks and recreational facilities provide ample opportunities for outdoor activities, making it an attractive choice for families and nature enthusiasts alike.

Families will find Belmont particularly appealing due to its strong sense of community and access to quality education options. The suburb's wide selection of public and private schools ensures that children have access to excellent learning environments. Safety is generally not a major concern, contributing to the suburb's family-friendly reputation. However, it's worth noting that Belmont's mix of residential, commercial, and industrial areas can lead to some noise and traffic, particularly during peak hours. This is a small trade-off for the convenience of having everything you need within easy reach.

Belmont's lively vibe is enhanced by its excellent amenities, including the popular Belmont Forum Shopping Centre, which offers a variety of retail and dining options. The suburb's connectivity is another highlight, with well-connected major highways and multiple bus routes providing easy access to the Perth CBD and surrounding areas. While Belmont may not have the nightlife of inner-city suburbs, its charm lies in its balance of convenience, community, and access to nature. For those seeking a suburb that offers a comfortable lifestyle with a touch of vibrancy, Belmont is certainly a nice place to live.

Belmont can be a challenging place to afford if you're looking to settle down. The median house price is around $788,000, which is quite high compared to other suburbs in the area. If you're renting, expect to pay about $700 per week for a house, while units, although currently not priced, have an average rent of $600 per week. These figures suggest that housing costs in Belmont are on the steeper side.

When we look at earnings, the average wage in Belmont is $91,000 per year. This is in line with the Western Australia state average, which means that while the income is decent, a significant portion of it would go towards housing costs. With the median total household income at $1,557 per week, the expenses related to living in Belmont might stretch your budget, especially if you're not earning above the average wage.

Overall, Belmont offers a mix of suburban charm and accessibility, but the cost of living, particularly in terms of housing, is relatively high. If you are thinking of living in Belmont, it's essential to consider your financial situation and how it aligns with the costs associated with this suburb.

Belmont is shaping up to be an attractive suburb for investment, especially given its impressive growth in property values over the past year. With a 13.1% increase in median house values and a remarkable 26.7% rise in unit values, Belmont is clearly experiencing a surge in demand. This growth indicates a strong interest from both buyers and renters, making it a promising area for property investors.

In addition to the rising property values, Belmont has also seen significant increases in rental prices, with house rents climbing by 12.9% and unit rents by 11.1% over the last 12 months. This trend suggests that the rental market is thriving, providing investors with the potential for solid rental returns. The combination of capital growth and rental yield makes Belmont a compelling choice for those looking to invest in real estate.

Overall, Belmont's recent performance in both property value and rental growth highlights its potential as a lucrative investment suburb. Its appeal to a wide range of renters and buyers, coupled with the ongoing demand, positions Belmont as a suburb worth considering for anyone interested in the real estate market.