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Beachlands
AREA REPORTS

Beachlands

Beachlands - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6530

house

A 32.3% increase in median property prices in BEACHLANDS, 6530 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 41st.

A steady increase in median property prices over a five-year period in the suburb translates to a 25.23% capital gain.

It 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 $340,000

The augmented property values in the suburb are trailing above the territorial average of 14.43% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $380.

Home owners selling their properties and realtors in BEACHLANDS usually have to wait an average of 60.3 days days before their assets are lifted off the market.

The WA suburb ranks 64th on the list of best yielding suburbs for rental properties in WA, posting a 5.81% return.

It also places places th in Australia based on median property value growth during the quarter.

Data report can be found below

Beachlands
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $340,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 32.3% N/A
Median 3 years 25.23% N/A
Median 5 years 30.77% N/A
10 years average annual 2.85% N/A
Weekly media advert. rent $380 N/A
Time on Market 60.3 days N/A
Gross Rental Yield Percent 5.81% N/A
demographics (median values)*
Total Population
32455
Weekly Household Income
1320
Household Size
2.50
Age
38
Monthly Loan Repayment
1690
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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