If you compare the increase in value of investment property in Beacon Hill, 2100 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 16.15%.
Taking the average capital gain, or increase in median house value, Beacon Hill,2100 has racked up an average of 16.15% over the period. This ranks it number 429th in the whole country for real estate investors looking at median house price increases.
Beacon Hill2100 is located in NSW which offers an average discount of -5.23% to property investors. Beacon Hill itself is showing figures that indicate -5.18% is the average achievable by property buyers investing in the suburb.
In the last year 85 properties changed hands in Beacon Hill, which puts it as the 373th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $870 mark per week – giving a return of 3.00% based on the median price in Suburb
This suburb boasts a tight vacancy rate that has dropped below 1%. The median house price in Beacon Hill is well over $1m and the median weekly rent sits at around $850, making renting in this area a much more affordable solution.Full summary
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Tight vacancies in premium suburb
Median house price: $1,400,000
Vacancy rate: 0.69%
Three-year growth: 54.70%
Drive a few minutes west from the beaches of Dee Why and North Curl Curl, and you’ll land smack in the middle of Beacon Hill. This popular family focused suburb boasts a busy bus network, access to several schools (including Beacon Hill School) and the Warringah Mall just around the corner, not to mention the leafy Beacon Hill reserve.
This suburb also boasts a tight vacancy rate that has dropped below 1%. The median house price in Beacon Hill is well over $1m and the median weekly rent sits at around $850, making renting in this area a much more affordable solution.
As a result, rental stock available is very low, according to Real Estate Investar. Furthermore, with the suburb recording a high percentage of owner occupiers – it’s estimated that around 13% of local residents are tenants – new rental listings are far and few between.Close