Property investors enjoyed capital gains of 23.53% over the last 12 months in BEELIAR, translating to higher returns compared with its peers in WA.
Figures from the previous quarter show that capital gains for real estate buyers in BEELIAR are low, as opposed to average gains per annum over the past five years.
The suburb posted a 64.06% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $775 based on current median home prices for the suburb.
On average, rents on listings have reached the $775 mark, reflecting a 3.84% increase in returns based on the current median price in BEELIAR.
BEELIAR, 6164 ranks 155th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 240th on the list of best yielding suburbs for rental properties in WA, posting a 3.84% return.
Property investors have seen a 3.97% gain in BEELIAR based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on BEELIAR, 6164 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 25.96%.
Based on its average 5-year and quarterly capital gains BEELIAR, 6164 saw average growth in the long term.
BEELIAR, 6164 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 $655,000.
Profits due to an upward trend in home prices in BEELIAR, 6164 averaged 24.89% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $590 based on current median home prices for the suburb.
The gross rental yield in BEELIAR, 6164 is 4.68%.
An average of 1.17 real estate transactions take place per month in BEELIAR which translates to 14 per annum.