Investment property in Beckenham has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.99%
A 9.55% growth in median value for property investors in Beckenham,6107 puts this suburb at number 102th in terms of best performing suburbs in WA
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.17% offered to property buyers. Sellers in Beckenham itself are offering an average vendor discount of -10.89% to real estate investors.
Beckenham, 6107’s gross rental yield is 4.02%
If you compare the increase in value of investment property in Beckenham, 6107 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -5.26%.
Taking the average capital gain, or increase in median house value, Beckenham,6107 has racked up an average of -5.26% over the period. This ranks it number 1493th in the whole country for real estate investors looking at median house price increases.
In the last year 17 properties changed hands in Beckenham, which puts it as the 89th most active market in WA when comparing the number of sales per suburb.
The WA suburb of Beckenham, 6107 is in the Gosnells local government area.
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
Information supplied by:
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.”