Tenants get more power in NSW after new legislation passes
Amendments to current rental legislation aimed to give tenants more power have passed the NSW Parliament without any changes. What does thi...
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $557,500.
The upward trend in home prices in BEECHWOOD, 2446 averaged 20.41% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in BEECHWOOD.
An average of 1.17 real estate transactions take place per month in BEECHWOOD which translates to 14 per annum.
14 properties were sold in BEECHWOOD in 2016, making it the 1163rd most active market in NSW based on total real estate transactions.
BEECHWOOD, 2446 places 1265th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $557,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -14.89% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 61.24% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | N/A | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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