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Beecroft

POSTAL CODE: NSW, 2119
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BEECROFT, 2119 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling BEECROFT, 2119 values up and netting property investors a capital gain of 3.11% for the past year.

Investors saw the median home price rise to $2,606,000.

Profits due to an upward trend in home prices in the suburb averaged 6.12% per annum over a 3-year period.

BEECROFT now ranks at the 447th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BEECROFT are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $1020 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BEECROFT, homes and units usually stay on listing for an average of 65.9 days.

In 2016, 120 properties were sold in BEECROFT during the past year, making it the 1287th most active market in NSW based on total real estate transactions.

Surburb overview

Beecroft, located approximately 22 kilometres north-west of Sydney's central business district, is a suburb within the local government areas of Hornsby Shire and the City of Parramatta. The area is characterised by its leafy streets, large federation homes, and substantial blocks of land, reflecting its status as one of the oldest established suburbs in New South Wales.

As of the 2021 Census, Beecroft had a population of 10,291 residents. The suburb exhibits significant cultural diversity, with 60.6% of the population born in Australia and notable communities from China (9.3%), India (3.8%), Hong Kong (3.0%), England (2.6%), and Korea (2.3%). Languages spoken at home include Mandarin (11.2%), Cantonese (6.8%), and Korean (3.2%). The median age is 43 years, and the average household size is 3.0 persons.

Beecroft railway station, situated on the Main Northern Line, facilitates public transportation by providing access to Sydney's Central Business District (CBD) and other areas. Additionally, bus routes 553, 635, and 651 serve the suburb, connecting residents to neighbouring communities.

Essential establishments in Beecroft include a modest commercial area concentrated around Beecroft Road and the railway station. This precinct features retail outlets, cafes, and services, with Beecroft Place shopping centre housing a Woolworths supermarket as its anchor tenant. Educational institutions in the area include Beecroft Public School, Arden Anglican School, and nearby high schools such as Cheltenham Girls' High School and Carlingford High School.

Recreational activities are supported by various parks and facilities. The suburb is home to the Pennant Hills Golf Club, the Beecroft Club (offering lawn bowls), and the Beecroft Lawn Tennis Club. Green spaces, such as the Village Green and Chilworth Reserve, provide opportunities for outdoor activities and community events.

Beecroft's residential landscape is predominantly composed of separate houses, with a significant portion of the area zoned for environmental living and low-density residential use. The suburb's blend of heritage homes, natural surroundings, and community amenities contributes to its reputation as a family-friendly and tranquil locale.

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