Beckenham is in the bottom 40% in WA when comparing median price capital growth over the last year. Beckenham gave property investors a disappointing capital gain figure when compared to the rest of the state, with -6.30%.
Comparing Beckenham,6107 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
LACK OF BUYER INTEREST may well be the reason that Beckenham is offering property investors an average of -8.58. This rate of discount on properties puts Suburb at number 198th in terms of most discounted suburbs in WA
With the median price for a house in Beckenham being $379500 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.66%
Property investors who have had real estate in Beckenham, 6107 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -14.29%
The five-year average increase in median property values for Beckenham,6107 has given property investors a potential capital gain of -13.37% across each of those five years.
Using the current median advertised rental of $290 and the average annual increase in value of a median property of 1.43%, investors should hope to achieve an overall return of 4.57%
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Perth as a whole may be going through a rough patch at present, but one area that’s managing to hold its own is Beckenham.
Situated roughly 12km southeast of the Perth CBD, Beckenham has excellent transport links to the city thanks to its own train station and the nearby Roe Highway.
Amenities are plentiful, including the Westfield Carousel shopping centre located in the next-door suburb of Cannington.
Unsurprisingly for Perth, the majority of Beckenham’s dwellings are houses – 90% according to the latest census – with RP Data noting that post-war, low set brick dwellings dominate:
“Many of these dwellings are likely to have renovation potential whether it be externally, internally or both. Land sizes tend to be quite large with the average land size in the suburb between 800 and 900 m2 suggesting there may be room for densification.”