Belmore, NSW

UNDERVALUED

8,570 sales · 35 years of data · NSW, Australia

$695,500
Median (All)
$1,682,500
Median (Houses)
$601,500
Median (Apartments)
0.6%
10yr CAGR
4.8%
35yr CAGR
40.5%
Strata %
35 years of data · 8,570 sales analysed · 2,500+ suburbs · Updated weekly

Belmore, NSW Property Market Overview

Located in Sydney, New South Wales, Belmore presents a well-established property market with a substantial history. Over the past 35 years, a total of 8,570 property sales have been recorded in the 2192 postcode. The current median property price across all types is $695,500.

Belmore offers a mix of housing options, reflected in the different median prices for houses and apartments. Houses in Belmore currently have a median price of $1,682,500, while apartments are priced at a median of $601,500. This price difference highlights the diversity within the Belmore property landscape. The suburb provides a blend of established homes and more recent apartment developments.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $530,823
Based on the 10-year compound annual growth rate of 0.6%
Mixed housing41% apartments
60% of sales are houses and other non-strata properties
Loading chart...

Property Mix

60%
41%
Houses 60%$1,682,500Apartments 41%$601,500

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
35 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Belmore

Street Rankings

Top streets in Belmore, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Collins StHouse5$2,230,000
2Allan AveHouse5$1,910,000
3Eleanor AveHouse7$1,670,000
4Tudor StHouse5$1,630,000

... and 124 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Kent StApartment5$5,888/m²
2Canterbury RdApartment54$6,228/m²
3Burwood RdApartment75$5,969/m²
4Etela StHouse4$6,174/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Lakemba StHouse+5.8%
2Garden StHouse+6.8%
3Albert StApartment+5.3%
4Paxton AveHouse+6.1%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

150
apartment buildings analysed
#AddressSalesMedian$/m²
1749 Canterbury Rd8$679,500$6,737/m²
2464 Burwood Rd9$870,000$5,960/m²
3280 Burwood Rd6$817,500$6,330/m²
4680 Canterbury Rd4$666,250$6,490/m²

... and 146 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

53
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

41%
apartments across 150 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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128 streets and 150 buildings to explore

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All 128 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
150 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 8,570 verified property sales across 35 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Belmore at a Glance

Region
Canterbury-Bankstown
CBD Distance
14km south-west of Sydney CBD
Train Station
Belmore Station (T3 Bankstown Line)
Council
Canterbury-Bankstown Council
Property Character
Established residential with increasing mid-density apartment development
Community
Multicultural families and young professionals

Belmore, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Belmore, NSW

Belmore offers a vibrant and multicultural community, making it a welcoming place to live. The suburb boasts a range of amenities, including Belmore train station, providing convenient access to the Sydney CBD and surrounding areas. Canterbury Leagues Club is a popular spot for dining and entertainment.

Families are well-catered for with schools such as Belmore Boys High School and Belmore South Public School. Parks like Belmore Park offer green spaces for recreation and relaxation. The shopping strip along Burwood Road provides a variety of shops, restaurants, and cafes.

The atmosphere in Belmore is one of community spirit and convenience, with a diverse range of residents contributing to its unique character.


Who Buys in Belmore?

Belmore attracts a diverse range of buyers, including families, first home buyers, and investors. The presence of quality schools and parks makes it an appealing choice for families. The relatively affordable apartment prices, with a median of $601,500, can be attractive to first home buyers.

The 40.5% strata percentage suggests a significant proportion of apartment living, potentially attracting investors or those seeking lower-maintenance properties. While the 10-year CAGR is 0.6%, the full-period CAGR of 4.8% might appeal to long-term investors.

Market Analysis

Currently, the Belmore property market is positioned below its long-term trend, indicating it's in undervalued territory. This cycle position reflects a period where property values are lower than what historical trends would suggest.

This situation in Belmore may present opportunities for potential buyers looking to enter the market at a more favourable price point. However, it's important to remember that market conditions can shift, and thorough research is always recommended before making any property decisions. The cycle position offers a snapshot of the market as of early 2026, and future performance is subject to change.


Is Belmore a Good Investment?

Analysing Belmore's growth patterns reveals a consistent, long-term appreciation in property values. The full-period CAGR of 4.8% over 35 years indicates a solid history of growth. While the 10-year CAGR is lower at 0.6%, this reflects more recent market fluctuations.

The current cycle position of Belmore being below its long-term trend suggests that the market is currently in undervalued territory. This may present a potential entry point for buyers looking to capitalise on future growth. The varying growth rates and cycle position provide a snapshot of Belmore's property market as of early 2026.

Factors contributing to Belmore's property values include its convenient location, access to amenities, and diverse housing options. These elements combine to create a desirable living environment that supports ongoing property demand.


Belmore Market Outlook

As of early 2026, the Belmore property market is positioned below its long-term trend. This indicates that the suburb is currently in undervalued territory. Recent price trends suggest a potential opportunity for buyers looking to enter the market.

While market conditions can change, the current cycle position provides a snapshot of Belmore's property market. Factors such as interest rates, economic growth, and population trends will continue to influence property values in the area.

Streets & Location in Belmore, NSW

Belmore, postcode 2192, is characterised by a network of 128 streets, each contributing to the suburb's unique character. Among the top streets by median price in Belmore are Collins St, Knox St, and Allan Ave. These streets showcase some of the higher-value properties within the area.

Belmore's location within Sydney provides residents with access to a range of amenities and transport links. The suburb's established residential areas and convenient access to services make it an appealing location for many.

Market Dynamics

The Belmore property market exhibits typical transaction patterns, with an average settlement timeframe of 53 days. This figure represents the average time taken to complete a property sale in the suburb. The quick-flip percentage is not applicable, suggesting that rapid resales are not a prominent feature of the Belmore market.

These market dynamics provide insights into the typical buying and selling processes within Belmore, reflecting a stable and relatively consistent market.

Development & Density

Belmore features a mix of housing types, with a notable presence of apartment buildings. The suburb is home to approximately 150 apartment buildings, contributing to its overall density. This reflects a trend towards higher-density living in certain areas of Belmore.

The housing composition in Belmore includes both detached houses and apartment complexes, catering to a diverse range of residents. The balance between these housing types contributes to the suburb's overall character and appeal.

Growth & Property Mix

Belmore's property market has demonstrated consistent growth over the long term. The full-period Compound Annual Growth Rate (CAGR) over the past 35 years stands at 4.8%. Examining shorter timeframes, the 20-year CAGR is 3.1%, while the 10-year CAGR is a more modest 0.6%. These figures highlight the varying growth patterns observed in Belmore over different periods.

The property mix in Belmore is comprised of both houses and apartments, with apartments accounting for 40.5% of the market. This balance contributes to the diverse range of property options available in the suburb.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Belmore, NSW

What is the median property price in Belmore?
The current median property price in Belmore across all property types is $695,500. Houses in Belmore have a median price of $1,682,500, while apartments have a median price of $601,500 as of early 2026.
Is Belmore overvalued or undervalued?
According to our analysis, the Belmore property market is currently below its long-term trend. This indicates that Belmore is in undervalued territory as of early 2026.
How has the Belmore property market performed over 10 years?
Over the past 10 years, the Belmore property market has experienced a Compound Annual Growth Rate (CAGR) of 0.6%. This reflects the average annual growth in property values during that period.
What percentage of Belmore is apartments vs houses?
Apartments make up a significant portion of the Belmore property market, accounting for 40.5% of the properties. This indicates a mix of housing types in the suburb.
Where is Belmore in the property cycle?
As of early 2026, Belmore is currently positioned below its long-term trend in the property cycle. This cycle position suggests that the suburb is in undervalued territory.
What schools are near Belmore?
Belmore is home to several schools, including Belmore Boys High School and Belmore South Public School. There are also other schools located in neighbouring suburbs within easy reach.
What is Belmore like to live in?
Belmore is a vibrant and multicultural suburb with a strong sense of community. It offers a range of amenities, including shops, restaurants, parks, and convenient transport options.
Is Belmore good for families?
Belmore can be a good option for families, with its schools, parks, and access to amenities. The suburb offers a mix of housing types, including houses and apartments, catering to different family needs.
How far is Belmore from Sydney CBD?
Belmore is located approximately 14 kilometres south-west of the Sydney CBD. It is easily accessible by train via the T3 Bankstown Line, and by car via major roads.
What transport options are in Belmore?
Belmore offers a range of transport options, including Belmore train station on the T3 Bankstown Line. Several bus routes also service the area, and major roads provide access to other parts of Sydney.
How does Belmore compare to nearby suburbs?
Compared to some nearby suburbs, Belmore offers a more affordable median property price. Its growth rates have historically been solid, and its location provides convenient access to amenities and transport.
Is Belmore a good first home buyer suburb?
Belmore's relatively affordable apartment prices may make it an attractive option for first home buyers. The median apartment price is $601,500 as of early 2026, and the suburb offers good transport links and amenities.
What are the best streets in Belmore?
The top streets in Belmore by median price include Collins St, Knox St, and Allan Ave. These streets represent some of the higher-value properties in the suburb.
How many properties have been sold in Belmore?
Over the past 35 years, a total of 8,570 properties have been sold in Belmore. This reflects a consistent level of property transactions in the suburb.
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