Reeds Rains Belfast, Ormeau Local Area Guide

How is the Belfast, Ormeau property market performing?

Reeds Rains for sale

Average sales price in Belfast, Ormeau

£196,016
Based on the advertised sales prices for properties for sale by Reeds Rains Belfast, Ormeau in the last 12 months from today's date.
Reeds Rains to let

Average rental price in Belfast, Ormeau

£925
pcm
+22.8%
Last 12 months
+48.9%
Last 5 years
Based on the advertised rental prices for properties to rent by Reeds Rains Belfast, Ormeau in the last 12 months from today's date.

The south Belfast area is Belfast's premier address to live with a higher average house price than any other part of Belfast. The Lisburn Road in BT9 is highly regarded for its superb range of cafes, restaurants, bars and shops on offer.

The average price for a south Belfast property is £180,000 which is above the Belfast average price of just below £150,000. Property in the Malone area attracts the highest prices with many properties reaching £1/2 million mark and above. Family sized properties, both Semi Detached and Detached always attract strong levels of interest given the close proximity to leading schools. The Ormeau/Ravenhill and Finaghy areas which surround the BT9 area also attract good interest given the good value for money on offer for period style homes, yet still being situated within a 5/10 minute drive to the City centre.

The schools in the BT9/BT7/BT10 areas attract many families as each postcode offers numerous options for grammar, secondary and primary education. Leading schools include RBAI, Methody and Victoria College. Young professionals are also attracted to these postcodes given the abundance of amenities, restaurants, public transport links including bus and rail on the doorstep.

South Belfast- Sarah Flannagan, Company PA. 'I love the hustle and bustle of south Belfast and the fact that Belfast City centre is only a ten minute drive away from where I live'

The most expensive part of south Belfast area is predominately made up of Victorian/Edwardian property, many in tree lined avenues. There are also a number of relatively new developments which include some apartments in the Stranmillis area which are very popular for those studying at the nearby Queens University. 

Given our prime location on the Lisburn Road, we sell property in all parts of South Belfast, the main postcodes being BT7, BT8, BT9, BT10 and BT12.

The most sought after area in south Belfast would be the Malone area, where there are some of the most sought after Edwardian/Victorian houses on offer in Northern Ireland with prices in excess of £1 million.

A 2/3 bedroom property in the streets around the Lisburn Road in BT9 achieve in the region of £600-£700 per calendar month on rent. For larger semi-detached and detached properties rents start from approx. £1000 pcm. Apartments in the general south Belfast area will tend to fetch £500 for a 1 bed and £600 for a 2 bed apartment. There are many apartments that will achieve a rent of £850+. A 2/3 bedroom terrace in the Ormeau/Ravenhill area will achieve in the region of approx. £500-£575.

Lisburn Road where our branch is located offers many shops and cafes and some well-known brands as Tesco, Marks & Spencer, Starbucks & Nero coffee shops. Forestside Shopping centre is located at the top of the Ormeau Road area.

South Belfast- There are lots of open spaces on offer such as Drumglass Park on the Lisburn Road, Ormeau Park in BT7, Lady Dixon Park in the Upper Malone Road area. There are also a host of excellent golf courses in this location such as Malone, Balmoral and Belvoir Park Golf Club.