Property value increases in Beaconsfield have tracked lower than the VIC average of 4.41% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Beaconsfield has increased when compared to the 5 year average annual rate.
The most recent median price for Beaconsfield is $710000, with sellers offering an average of -7.36% off the asking price.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 5.33%, investors should hope to achieve an overall return of 3.08%
Property value increases in Beaconsfield have tracked close to the VIC average of 7.35% over the last 12 months.
Taking the average capital gain, or increase in median house value, Beaconsfield,3807 has racked up an average of 6.53% over the period. This ranks it number 631th in the whole country for real estate investors looking at median house price increases.
Residents and property investors in Beaconsfield have been waiting around 72.8571 days to sell a property.