Giving property investors a an unimpressive capital gain of -2.55% for the last year, North Beach, 6020 is the 3214th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in North Beach has fallen somewhat when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in North Beach are currently offering property investors an average price cut of -7.70% below the asking price at the moment.
Advertised rents are around the $550 mark per week – giving a return of 3.33% based on the median price in Suburb
Giving property investors a an unimpressive capital gain of 0.00% for the last year, North Beach, 6020 is the 1073th highest performer in Australia in this respect.
North Beach,6020 has offered an average of 0.00% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that North Beach is offering property investors an average of -8.10. This rate of discount on properties puts Suburb at number 96th in terms of most discounted suburbs in WA