Property Market Update: Brisbane, August 2021
Brisbane property prices went against the grain in August, delivering steady gains as its bigger capital city peers face...
Based on its average 5-year and quarterly capital gains BERESFIELD, 2322 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that BERESFIELD, 2322 obtained a 5.58% growth over a ten-year period. It ranks 1739th on our list of suburbs that property investors should look into.
BERESFIELD, 2322 in NSW belongs to the local government area of Newcastle (C).
BERESFIELD, 2322 has a capital gain of 12.03% for the past year, which is higher than average compared to its 45.08% growth within a five-year period.
With the median home price in BERESFIELD sitting at $442,500, and the average rent at $415, property owners could potentially earn a 4.88% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BERESFIELD are low, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||12.03%||N/A|
|Median 3 years||14.94%||18.18%|
|Median 5 years||45.08%||N/A|
|10 years average annual||5.58%||1.52%|
|Weekly media advert. rent||$415||$375|
|Time on Market||21.1 days||0.0 days|
|Gross Rental Yield Percent||4.88%||5%|