Property value increases in Beverly Hills have tracked close to the NSW average of 11.06% over the last 12 months.
Taking the average capital gain, or increase in median house value, Beverly Hills,2209 has racked up an average of 12.41% over the period. This ranks it number 833th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Beverly Hills itself are offering an average vendor discount of -5.83% to real estate investors.
Residents and property investors in Beverly Hills have been waiting around 95.14 days to sell a property.
Property investors who have had real estate in Beverly Hills, 2209 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 18.48%
If we look at median property appreciation over just the last three months, Beverly Hills has given property investors a paper return of 10.95%. This puts Suburb as 28 on a list of fastest fasting appreciating suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Beverly Hills, 2209. Typically our figures indicate that -2.29% is being offered, which puts this NSW suburb at 1386th most discounted overall in Australia.
With the median price for a house in Beverly Hills being $750000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 3.33%