Property investors who have had real estate in Beckenham, 6107 should be relatively unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.49%
While Beckenham,6107 ranked number 136th in WA for increase in median house value (annualised) increase, it is ranked 90th over the last 5 years.
Beckenham, 6107 is offering WA ‘s 44th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this WA.
The WA suburb of Beckenham, 6107 is in the Gosnells local government area.
Over the last year, property investments in Beckenham, 6107 have given investors a capital gain of -7.50%. This compares badly with the -4.49% for WA as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Beckenham has increased when compared to the 5 year average annual rate.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 4.29%, without taking into account capital value appreciation, which has been averaging out at 1.77%.
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.”