At number 785th in the list of Australian suburbs ordered by increase in median house value over the last year, Beecroft, 2119 is in the top 20% with a property value increase of 12.73% recorded in median house prices.
A 78.01% growth in median value for property investors in Beecroft,2119 puts this suburb at number 523th in terms of best performing suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Beecroft itself are offering an average vendor discount of -4.11% to real estate investors.
In the last year 104 properties changed hands in Beecroft, which puts it as the 271th most active market in NSW when comparing the number of sales per suburb.
Investment property in Beecroft has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.95%
A -16.03% growth in median value for property investors in Beecroft,2119 puts this suburb at number 529th in terms of best performing suburbs in NSW
On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.
Advertised rents are around the $650 mark per week – giving a return of 3.43% based on the median price in Suburb