Responsible lending leeway ‘put to the test’ by COVID-19
The COVID-19 crisis will bring to light the effectiveness of principles-based responsible lending guidance, according to ASIC chair James Sh...
Subscribe to our newsletter
Property investors have seen a -3.6% drop in BEECHBORO based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BEECHBORO, 6063 saw average decrease in the long term.
The WA 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 $335,000
Profits averaged -4.88% per annum over a 3-year period, due to an downward trend in home prices in BEECHBORO, 6063.
This means, real estate investors could earn a rental income of $335 based on current median home prices for the suburb.
The gross rental yield in BEECHBORO, 6063 is 5.2%.
An average of 7.83 real estate transactions take place per month in BEECHBORO which translates to 94 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $335,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.6% | N/A |
| Median 12 month | -7.2% | N/A |
| Median 3 years | -14.65% | N/A |
| Median 5 years | -25.97% | N/A |
| 10 years average annual | -0.62% | N/A |
| Weekly media advert. rent | $335 | N/A |
| Time on Market | 80.4 days | N/A |
| Gross Rental Yield Percent | 5.2% | N/A |
The COVID-19 crisis will bring to light the effectiveness of principles-based responsible lending guidance, according to ASIC chair James Sh...
After several weeks of lockdown measures and the beginning of a gradual easing into a “new normal”, how will Sydney – one of Australia...
The week concluding 24 May has seen the highest preliminary auction clearance for the combined capital cities since early March. ...
A Perth tradesman has been fined after pleading guilty to carrying out work on a building project without adequate registration. ...
A radical plan to kickstart economic recovery post-COVID-19 could see Australians handed $50,000 for buying a new home. ...
In the race to reach the post-COVID recovery stage as quickly as possible, the necessity is to bring confidence back, writes Mathew Tiller. ...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
