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 -8.89%
Across a shorter period, Beckenham, 6107 has seen a median price increase of -3.53% over the last quarter.
Beckenham, 6107’s gross rental yield is 4.06%
Investment property in Beckenham has done 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 -6.64%
Across a shorter period, Beckenham, 6107 has seen a median price increase of -1.68% over the last quarter.
Advertised rents are around the $280 mark per week – giving a return of 4.14% based on the median price in Suburb
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.Full summary
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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.”