At number 2625th in the list of Australian suburbs ordered by increase in median house value over the last year, Beverly Hills, 2209 is in the BOTTOM 40% with a property value increase of 1.56% recorded in median house prices.
Beverly Hills,2209 was ranked 1958 in Australia by increase in median property value over the quarter.
Property buyers and investors in Beverly Hills 2209 should be seeing an average reduction in asking price of around -6.76% . This means that Beverly Hills is holding prices well when compared to other suburbs in NSW.
Situated 14.69km from the CBD, Beverly Hills is one of Hurstville localities in the postcode 2209.
Investment property in Beverly Hills has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.79%
Over the longer term, Beverly Hills has seen property prices show investors a 17.81% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.42% offered to property buyers. Sellers in Beverly Hills itself are offering an average vendor discount of -3.77% to real estate investors.
At number 337 in a list of fastest selling suburbs, Beverly Hills is in the TOP 30% of suburbs in Australia with an average of days on market 56.7 for properties listed there.
A $462.5 per week rent on the median house gives suburb investors a gross yield of circa 3.73%, without taking into account capital value appreciation, which has been averaging out at 5.51%.