Giving property investors a a stable capital gain of 13.64% for the last year, Beacon Hill, 2100 is the 1051th highest performer in Australia in this respect.
Beacon Hill,2100 was ranked 2989 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Beacon Hill is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 527th in terms of most discounted suburbs in NSW
Residents and property investors in Beacon Hill have been waiting around 46 days to sell a property.
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