10 Reasons for Buying an Investment Property in Belmont

Buying an investment property is more than just buying a house, the area, proximity to transport and amenities must be considered as key reasons for your purchase. Making sure your property is appealing and convenient to potential renters will make all the difference.

Alright, so we know Belmont hasn’t had the best rep over the years but that’s all changed and if you haven’t realised this, you’ve been living under a rock. Not only has the city had a revamp with Belmont Forum undergoing massive renovations in 2016 but we know the location is an overlooked gem and let us tell you why.

We’ve come up with a list of 10 reasons why you as a property investor should consider buying in this area.

1. Did you know Belmont is a 10-minute drive from Perth City centre (that’s just 6km) – it’s basically the city but with more parking, less traffic, and amenities on every corner
2. The City of Belmont describes the area as ‘WA’s gateway to the world’ – it’s around the corner from the airport (4km or a 5-minute drive)
3. The current population of Belmont is 42,078 – that’s thousands of potential renters ready to move into your property straight away
4. Belmont Forum – it has over 130 shops and all major retailers under the same roof (think Coles, Aldi, Woolworths)
5. DFO and COSTCO – who doesn’t love a bargain? Seriously though, COSTCO has built up a reputation for consistently low fuel prices (worth the membership we say) oh and it’s also a convenient 5-minute drive away
6. Belmont Oasis Leisure Centre has both pool and gym facilities and many fitness classes on offer. This is perfect for the single professional, parent, or couples to become regulars
7. It’s a great place to do business with room for commercial, industrial, or small business opportunities
8. Many major city events are held in this district such as Kidzfest and Movies in the Park
9. There is a huge range of parks and open spaces including Garvey Park which is also a host for Kidzfest and the Autumn River Festival
10. There are transport links to everywhere in Perth! We know not everyone has access to a car and with the cost of fuel continually rising many are opting for public transport instead.  Living in Belmont means you can catch the bus to the airport, Perth city, Curtin University and many more

The 10 reasons we listed can appeal to a wide range of renters considering their ages, socio-economic status, accessibility, and lifestyle. There is no reason you can’t attract your ideal tenant with the suburb offering so much. Not only is this a fantastic opportunity for yourself in this growing suburb, but your potential tenants also have access to all of the above.