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BeaumarisBeaumaris - SUBURB PROFILE REPORT
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BEAUMARIS, 3193 ranks 2382nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 16.76% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,985,000.
The upward trend in home prices in BEAUMARIS, 3193 averaged 5.88% per annum over a 3-year period.
Average weekly rents on listings have reached the $877.5 mark, reflecting a 2.3% increase in returns based on the current median price in BEAUMARIS.
An average of 18.33 real estate transactions take place per month in BEAUMARIS which translates to 220 per annum.
220 properties were sold in BEAUMARIS in 2016, making it the 473rd most active market in VIC based on total real estate transactions.
BEAUMARIS, 3193 places 145th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,985,000 | $1,180,500 |
| GROWTH REPORT | ||
| Median Quarterly | 7.3% | 4.7% |
| Median 12 month | 16.76% | 29.37% |
| Median 3 years | 17.63% | 38.07% |
| Median 5 years | 40.78% | 14.25% |
| 10 years average annual | 6.84% | 5.54% |
| Weekly media advert. rent | $877.5 | $627.5 |
| Time on Market | 62.6 days | 52.1 days |
| Gross Rental Yield Percent | 2.3% | 2.76% |
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