Housing market reached turning point mid-2019
New research has supported the idea that Australia’s housing market “reached a turning point” midway through 2019. ...
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The suburb’s capital gain of -4.74% for the past year is lower than average compared to its 22.64% growth within a five-year period.
Also in BEAUMONT HILLS, the median home price is sitting at $1,105,000, and the average rent at $680, this suggests property owners could potentially earn a 3.2% increase in gross rental yield.
Property investors have seen a 0.57% gain in BEAUMONT HILLS based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.36% growth over a ten-year period. It ranks 977th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,105,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.57% | N/A |
| Median 12 month | -4.74% | N/A |
| Median 3 years | 0.45% | N/A |
| Median 5 years | 22.64% | N/A |
| 10 years average annual | 6.36% | N/A |
| Weekly media advert. rent | $680 | N/A |
| Time on Market | 52.3 days | N/A |
| Gross Rental Yield Percent | 3.2% | N/A |
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