Beechworth has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 1.41% to date .
Beechworth,3747 was ranked 1962 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.14% offered to property buyers. Sellers in Beechworth itself are offering an average vendor discount of -4.92% to real estate investors.
In the last year 55 properties changed hands in Beechworth, which puts it as the 410th most active market in VIC when comparing the number of sales per suburb.
The VIC suburb of Beechworth, 3747 is in the Indigo local government area.