At number 605th in the list of Australian suburbs ordered by increase in median house value over the last year, Beveridge, 3753 is in the top 20% with a property value increase of 12.40% recorded in median house prices.
Over the longer term, Beveridge has seen property prices show investors a 39.38% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Beveridge 3753 should be seeing an average reduction in asking price of around -6.54% . This means that Beveridge is holding prices well when compared to other suburbs in VIC.
Often selling an investment property can take time, and in Beveridge the average time real estate has been on the market is 58 days.
With the median price for a house in Beveridge being $557500 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 3.82%