Beckenham is an average performer in WA when comparing median price capital growth over the last year. Beckenham gave property investors a average capital gain figure when compared to the rest of the state, with -5.56%.
Across a shorter period, Beckenham, 6107 has seen a median price increase of -3.41% over the last quarter.
Property investors looking for a bargain in Beckenham should be aiming for at least -10.40% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Beckenham have been waiting around 86.26 days to sell a property.
With the median price for a house in Beckenham being $425000 and the advertised rent reaching $337.5 the gross rental yield for property investors calculates out to be 4.13%
Over the last year, property investments in Beckenham, 6107 have given investors a capital gain of -5.84%. This compares averagely with the -5.10% for WA as a whole.
Over the longer term, Beckenham has seen property prices show investors a -2.15% return over the last 3 years. This is worse than over the last 12 months
Property investors should expect to get $290 weekly from the median priced house in this suburb.
Perth as a whole may be going through a rough patch at present, but one area that’s managing to hold its own is Beckenham.Full summary
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Perth as a whole may be going through a rough patch at present, but one area that’s managing to hold its own is Beckenham.
Situated roughly 12km southeast of the Perth CBD, Beckenham has excellent transport links to the city thanks to its own train station and the nearby Roe Highway.
Amenities are plentiful, including the Westfield Carousel shopping centre located in the next-door suburb of Cannington.
Unsurprisingly for Perth, the majority of Beckenham’s dwellings are houses – 90% according to the latest census – with RP Data noting that post-war, low set brick dwellings dominate:
“Many of these dwellings are likely to have renovation potential whether it be externally, internally or both. Land sizes tend to be quite large with the average land size in the suburb between 800 and 900 m2 suggesting there may be room for densification.”