With a capital gain of 8.57% for the last 12 months, Beaconsfield, 3807 has performed for property investments than its average annual 5.48% property growth over the last 5 years.
Beaconsfield,3807 was ranked 1946 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Beaconsfield itself are offering an average vendor discount of -4.19% to real estate investors.
On average over the past year, suburb has had 7.75 sales per month, which equates to 93 per year.
The VIC suburb of Beaconsfield, 3807 is in the Cardinia local government area.
VIC has seen average median house prices change by 2.98% which means that Beaconsfield, 3807 has done well for property investors by showing a capital gain of 17.57% over the last year
Beaconsfield,3807 was ranked 1051 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Beaconsfield should be aiming for at least -2.64% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Beaconsfield the average time real estate has been on the market is 50.14 days.
Using the current median advertised rental of $315 and the average annual increase in value of a median property of 8.31%, investors should hope to achieve an overall return of 4.08%