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Byford is a suburb in Serpentine Jarrahdale Shire, Australia with 14908 residents. The median house price is $600K with a rental yield of 4.8%. Our analysis rates Byford with a suburb score of 98/100 for investment timing.
This suburb shows strong investment potential with property prices forecast to outperform the market average over the next 1-3 years. Key indicators including vacancy rates, rental yields, and days on market all signal favorable conditions for capital growth.
98
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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Byford has a suburb score of 98/100 for investment timing, placing it among the top-performing suburbs in Serpentine Jarrahdale Shire for capital growth potential. The strong suburb score indicates favorable market conditions including positive price momentum, healthy rental demand, and low vacancy rates. Property investors looking for capital growth in Australia should consider Byford as a priority suburb.
Byford's capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in Byford include strong buyer demand, limited housing supply, and positive demographic trends. Historical data suggests Byford has outperformed many suburbs in Serpentine Jarrahdale Shire for property value appreciation.
Byford is located within Serpentine Jarrahdale Shire Local Government Area in Australia. Serpentine Jarrahdale Shire encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Byford is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Byford is $600K based on recent sales data. This median price positions Byford as a mid-market suburb in Serpentine Jarrahdale Shire, balancing accessibility for investors with capital growth potential.
Byford has an average rental yield of 4.8%, which is around the national average for Australian property. This balanced yield suggests Byford offers a reasonable income return while still providing capital growth potential typical of established suburbs in Australia.
Byford has a population of approximately 14908 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Byford is a medium-sized suburb with a balanced community feel and access to local services.
Byford's suburb score of 98/100 can be compared against other suburbs in Serpentine Jarrahdale Shire to identify relative investment value. With a score above 80, Byford ranks among the top suburbs in the local government area for investment timing. This suggests stronger fundamentals compared to many neighboring suburbs. Compare all suburbs in Serpentine Jarrahdale Shire using our platform to find the best investment opportunities.
