Over the last year, property investments in North Beach, 6020 have given investors a capital gain of 2.86%. This compares favourably with the -1.74% for WA as a whole.
Taking the average capital gain, or increase in median house value, North Beach,6020 has racked up an average of 2.86% over the period. This ranks it number 2020th in the whole country for real estate investors looking at median house price increases.
At number 165th of WA’s most discounted properties, North Beach is in the middle of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $580 mark per week – giving a return of 3.35% based on the median price in Suburb
If you compare the increase in value of investment property in North Beach, 6020 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this WA suburb was 9.80%.
North Beach,6020 was ranked 64 in Australia by increase in median property value over the quarter.
With the median price for a house in North Beach being $549000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.98%