Beverly Hills has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.51% to date .
Beverly Hills,2209 was ranked 671 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Beverly Hills is offering property investors an average of -6.70. This rate of discount on properties puts Suburb at number 743th in terms of most discounted suburbs in NSW
Renters in Suburb are facing rents around $31980 per annum or $615 every week.
With a capital gain of 0.31% for the last 12 months, Beverly Hills, 2209 has performed for property investments than its average annual 5.77% property growth over the last 5 years.
Beverly Hills,2209 was ranked 548 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Beverly Hills should be aiming for at least -6.30% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Beverly Hills the average time real estate has been on the market is 66.45 days.
With the median price for a house in Beverly Hills being $652000 and the advertised rent reaching $475 the gross rental yield for property investors calculates out to be 3.79%