Beerwah

POSTAL CODE: QLD, 4519

HOUSE

UNIT

Property investments in BEERWAH fare well against the rest of the country last year, registering a median home price increase of 20.88%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains BEERWAH, 4519 saw average growth in the long term.

Real estate investors could earn a rental income of $720 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 43.2 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,100,000.

BEERWAH ranks 488th on the list of best yielding suburbs for rental properties in QLD, posting a 3.4% return.

Based on its average 5-year and quarterly capital gains BEERWAH, 4519 saw average growth in the long term.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Profits due to an upward trend in home prices in BEERWAH, 4519 averaged 0% per annum over a 3-year period.

Average weekly rents on listings have reached the $620 mark, reflecting a 4.56% increase in returns based on the current median price in BEERWAH.

An average of 1.67 real estate transactions take place per month in BEERWAH which translates to 20 per annum.

20 properties were sold in BEERWAH during the past year, making it the 280th most active market in QLD based on total real estate transactions.

BEERWAH, 4519 places 50th 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	$1,100,000	$707,500
Growth Report
Median Quarterly	4.51%	8.02%
Median 12 month	20.88%	14.3%
Median 3 years	42.86%	0%
Median 5 years	93.66%	91.22%
10 years average annual	10.58%	7.85%
Weekly media advert. rent	$720	$620
Time on Market	43.2 days	31 days
Gross Rental Yield Percent	3.4%	4.56%

Demographics (Median Values)*

Total Population 4260

Weekly Household Income 858.4

Household Size 2.70

Average Age 39

Monthly Loan Repayment 1219

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

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