If you compare the increase in value of investment property in Beacon Hill, 2100 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 15.87%.
While Beacon Hill,2100 ranked number 355th in NSW for increase in median house value (annualised) increase, it is ranked 309th over the last 5 years.
Beacon Hill, 2100 is offering NSW ‘s 454th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
At number 455 in a list of fastest selling suburbs, Beacon Hill is in the TOP 40% of suburbs in Australia with an average of days on market 44.82 for properties listed there.
Renters in Suburb are facing rents around $10320 per annum or $860 every week.
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
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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