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1 MIN READNew Government Should Change The Conversation About Investing: PIPA
The Property Investment Professionals of Australia (PIPA) has issued a firm call to the new government: prioritise the r...
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BeechwoodBeechwood - SUBURB PROFILE REPORT
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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 $650,000.
The upward trend in home prices in BEECHWOOD, 2446 averaged 32.32% 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 2.08 real estate transactions take place per month in BEECHWOOD which translates to 25 per annum.
25 properties were sold in BEECHWOOD in 2016, making it the 821st most active market in NSW based on total real estate transactions.
BEECHWOOD, 2446 places 441st in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $650,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.88% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 96.97% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 15.57% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 47.7 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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