Why commercial is the new residential
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
The suburb’s capital gain of 37.01% for the past year is higher than average compared to its 101.85% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Property investors have seen a 24.21% gain in BEACONSFIELD UPPER based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on BEACONSFIELD UPPER, 3808 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 37.01%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.9% growth over a ten-year period. It ranks 5th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,130,350 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 24.21% | N/A |
| Median 12 month | 37.01% | N/A |
| Median 3 years | 48.93% | N/A |
| Median 5 years | 101.85% | N/A |
| 10 years average annual | 9.9% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 61.8 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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