Bellevue, WA 6056: Suburb Profile & Property Report

Market Report

House report
Unit Report

In Bellevue, the median property price for a house is currently $555,000 with annual capital growth of 39.62% . There were 48 house sales in the past 12 months. On average, houses spend 7 days on market.

If you're thinking about buying an investment property in Bellevue, consider that rental yields for houses are currently 5.25% with an average median rent of $400 weekly. Houses have seen 7.77% growth in the past quarter, and 39.62% growth in the past 12 months.

The size of Bellevue is approximately 3 square kilometres. It has 11 parks covering nearly 25% of total area. The population of Bellevue in 2011 was 1,451 people. By 2016 the population was 1,552 showing a population growth of 7.0% in the area during that time. The predominant age group in Bellevue is 50-59 years.

Households in Bellevue are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bellevue work in a trades occupation. In 2011, 75% of the homes in Bellevue were owner-occupied compared with 72.4% in 2016.

There were 4 unit sales in the past 12 months.

If you're thinking about buying an investment property in Bellevue, consider that rental yields for units are currently 6.96% with an average median rent of $375 weekly.

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Key Market Data	House	Unit
Median price	$555,000	$320,000
Quarterly growth	+7.77%	–
12-month growth	+39.62%	–
Average annual growth	+12.35%	–
Weekly median rent	$400	$375
Gross rental yield	5.25%	6.96%
Number of Sales (12m)	48	4
Avg. Days on Market (12m)	7	–

Jump to Market Trends

Key Demographics	2011	2016
Total population	1,451	1,552
Population change (5y)	-12.91%	+7.00%
Median household income (p/w)	$1,152	$1,187
Household income change (5y)	+37.80%	+3.04%
Median age of persons	37	40

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Bellevue is $555,000 for houses and $320,000 for units.

The Median Growth in Bellevue over the past 12 months is 39.62% for houses.

Over the past 12 months there were 48 houses sold and 4 units sold in Bellevue. On average, houses spent 7 days on market.

In the past 12 months up to September 2024 there were 48 houses sold and 4 units sold in Bellevue. On average, houses spent 7 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Bellevue is $400 for houses and $375 for units.

The Rental Yield in Bellevue is 5.25% for houses and 6.96% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Bellevue was 1,552 in 2016, a +7.00% change compared to 2011.

The predominant age group in Bellevue is 50-59 years.

The population of Bellevue was 1,552 in 2016, a +7.00% change compared to 2011.

The predominant age group in Bellevue is 20-29 years.

Most of the population in Bellevue were born in Australia.

Most of the population in Bellevue report their religion as No Religion.

Most of the population in Bellevue report their income range as between $78,000 and $130,000 .

The median household income in Bellevue was $1,187 in 2016, a +3.04% change compared to 2011.

Most of the population in Bellevue report their income range as between $78,000 and $130,000 .

The median household income in Bellevue was $1,152 in 2011, a +37.80% change compared to 2006.

Most of the population in Bellevue work as Trades.

The chart below demonstrates the various levels of education in Bellevue.

Most of the population in Bellevue reached a qualification level of Certificate.

2011 2016

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