Beechwood

POSTAL CODE: NSW, 2446

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

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 $865,000.

The downward trend in home prices in BEECHWOOD, 2446 averaged -2.33% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 3.91% increase in returns based on the current median price in BEECHWOOD.

An average of 1.33 real estate transactions take place per month in BEECHWOOD which translates to 16 per annum.

16 properties were sold in BEECHWOOD in 2016, making it the 1071st most active market in NSW based on total real estate transactions.

BEECHWOOD, 2446 places 1263rd in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$865,000	N/A
Growth Report
Median Quarterly	-7.63%	N/A
Median 12 month	-17.03%	N/A
Median 3 years	-6.99%	N/A
Median 5 years	154.41%	N/A
10 years average annual	13.26%	N/A
Weekly media advert. rent	$650	N/A
Time on Market	57.8 days	N/A
Gross Rental Yield Percent	3.91%	N/A

Demographics (Median Values)*

Total Population 13330

Weekly Household Income 1117

Household Size 2.60

Average Age 44

Monthly Loan Repayment 1600

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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