Melbourne Sees Record-breaking Growth Despite Q3 Lockdowns
Low financing costs, change in housing-type preferences due to flexible work arrangements, and government support for ow...
BEROWRA HEIGHTS, 2082 ranks 894th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 23.23% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,240,000.
The upward trend in home prices in BEROWRA HEIGHTS, 2082 averaged 4.67% per annum over a 3-year period.
Average weekly rents on listings have reached the $630 mark, reflecting a 2.64% increase in returns based on the current median price in BEROWRA HEIGHTS.
An average of 6.75 real estate transactions take place per month in BEROWRA HEIGHTS which translates to 81 per annum.
81 properties were sold in BEROWRA HEIGHTS in 2016, making it the 114th most active market in NSW based on total real estate transactions.
BEROWRA HEIGHTS, 2082 places 576th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||23.23%||N/A|
|Median 3 years||14.02%||N/A|
|Median 5 years||37.68%||N/A|
|10 years average annual||8.13%||N/A|
|Weekly media advert. rent||$630||N/A|
|Time on Market||36.5 days||N/A|
|Gross Rental Yield Percent||2.64%||N/A|