Over the last year, property investments in Beechworth, 3747 have given investors a capital gain of -4.18%. This compares very badly with the 8.96% for VIC as a whole.
While Beechworth,3747 ranked number 618th in VIC for increase in median house value (annualised) increase, it is ranked 570th over the last 5 years.
Our latest figures would indicate that property sellers in Beechworth are currently offering property investors an average price cut of -5.32% below the asking price at the moment.
A $315 per week rent on the median house gives suburb investors a gross yield of circa 4.85%, without taking into account capital value appreciation, which has been averaging out at 3.07%.