Property investors who have had real estate in Beaconsfield, 3807 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.75%
While Beaconsfield,3807 ranked number 260th in VIC for increase in median house value (annualised) increase, it is ranked 429th over the last 5 years.
Sellers are offering property buyers an average discount of -4.43% to buyers in Beaconsfield at the moment, which is less than average for the rest of VIC.
Residents and property investors in Beaconsfield have been waiting around 64.95 days to sell a property.
Beaconsfield is 344th on a list of best yielding suburbs for rents in VIC with a 3.30% return
Investment property in Beaconsfield has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.68%
Beaconsfield, 3807 is offering VIC ‘s 269th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.
A $312.5 per week rent on the median house gives suburb investors a gross yield of circa 3.86%, without taking into account capital value appreciation, which has been averaging out at 6.11%.