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1 MIN READSurging House Prices Leading To Longer Saving Times For FHBs
Strong buyer interest, spurred on by record-low interest rates as well as below average wage growth, means it is now pre...
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BeechwoodBeechwood - SUBURB PROFILE REPORT
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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 $528,000.
The upward trend in home prices in BEECHWOOD, 2446 averaged 4.52% 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 1.58 real estate transactions take place per month in BEECHWOOD which translates to 19 per annum.
19 properties were sold in BEECHWOOD in 2016, making it the 977th most active market in NSW based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $528,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 13.55% | N/A |
| Median 5 years | 2.52% | N/A |
| 10 years average annual | 12.55% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 89.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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