Beacon Hill, 2100 ranked 452th in NSW when comparing growth in median property values or capital gain over the last 12 months. Beacon Hill is one of 3163 in our list for NSW
Taking the average capital gain, or increase in median house value, Beacon Hill,2100 has racked up an average of 14.42% over the period. This ranks it number 463th in the whole country for real estate investors looking at median house price increases.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Beacon Hill itself are offering an average vendor discount of -5.46% to real estate investors.
Advertised rents are around the $875 mark per week – giving a return of 2.89% based on the median price in Suburb
This suburb boasts a tight vacancy rate that has dropped below 1%. The median house price in Beacon Hill is well over $1m and the median weekly rent sits at around $850, making renting in this area a much more affordable solution.Full summary
Information supplied by:
Tight vacancies in premium suburb
Median house price: $1,400,000
Vacancy rate: 0.69%
Three-year growth: 54.70%
Drive a few minutes west from the beaches of Dee Why and North Curl Curl, and you’ll land smack in the middle of Beacon Hill. This popular family focused suburb boasts a busy bus network, access to several schools (including Beacon Hill School) and the Warringah Mall just around the corner, not to mention the leafy Beacon Hill reserve.
This suburb also boasts a tight vacancy rate that has dropped below 1%. The median house price in Beacon Hill is well over $1m and the median weekly rent sits at around $850, making renting in this area a much more affordable solution.
As a result, rental stock available is very low, according to Real Estate Investar. Furthermore, with the suburb recording a high percentage of owner occupiers – it’s estimated that around 13% of local residents are tenants – new rental listings are far and few between.Close