Investment property in Beaconsfield has done pretty 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 -6.85%
When looking at the potential capital gains offered to property investors over the last 3 years, Beaconsfield comes in at number 366th in VIC.
Property buyers and investors in Beaconsfield 3807 should be seeing an average reduction in asking price of around -9.22% . This means that Beaconsfield is holding prices well when compared to other suburbs in VIC.
Advertised rents are around the $415 mark per week – giving a return of 3.17% based on the median price in Suburb
Property value increases in Beaconsfield have tracked lower than the VIC average of 0.68% over the last 12 months.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 10.74%, investors should hope to achieve an overall return of 4.39%