Suburb Profile Report for Beaufort VIC (3373)

Beaufort House: Median price $221,000, Annual capital growth 5.06%, Number of sales 35, Weekly median advertised rent $250

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

At number 2692th in the list of Australian suburbs ordered by increase in median house value over the last year, Beaufort, 3373 is in the BOTTOM 40% with a property value increase of 2.31% recorded in median house prices.

Across a shorter period, Beaufort, 3373 has seen a median price increase of -5.96% over the last quarter.

Our latest figures would indicate that property sellers in Beaufort are currently offering property investors an average price cut of -5.17% below the asking price at the moment.

A $250 per week rent on the median house gives suburb investors a gross yield of circa 5.88%, without taking into account capital value appreciation, which has been averaging out at 5.06%.

Metrics i HOUSE UNIT
$221,000 N/A
-5.96% N/A
2.31% N/A
5.06% N/A
$250 N/A
35 N/A
5.88% N/A
112.83 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1406
Median household income ($/weekly) 687
Median age of persons 51
Median housing loan repayment ($/monthly) 867
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 178 12.7
    35-44 years 149 10.6
    45-54 years 179 12.7
    55-64 years 278 19.8
    65-74 years 210 14.9
    Others 411 29.3
    Age Group
    Census Count Percent(%)
    Registered Married 485 46.9
    Not Married 447 43.2
    Defacto Relationship 102 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1198 91.0
    Greece 6 0.5
    New Zealand 9 0.7
    United Kingdom 68 5.2
    Other 14 1.1
    Others 21 1.6
    Country of Birth
    Census Count Percent(%)
    Christianity 902 70.1
    No Religion 370 28.8
    Buddhism 5 0.4
    Other Religious Groups 5 0.4
    Islam 4 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 92 17.1
    $400-$599 100 18.6
    $600-$799 79 14.7
    $800-$999 59 11.0
    $1,500-$1,999 53 9.9
    Others 154 28.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 565 51.4
    Employed, worked full-time 282 25.7
    Employed, worked part-time 175 15.9
    Unemployed, looking for work 39 3.5
    Employed, away from work 38 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 58 11.8
    Technicians & trades workers 74 15.1
    Community & personal service workers 60 12.2
    Sales 57 11.6
    Labourers 69 14.1
    Others 173 35.2
    Occupation
    Census Count Percent(%)
    Pre-school 20 8.2
    Infants/Primary 103 42.0
    Secondary 80 32.7
    Technical or Further Educational Institution 19 7.8
    University or other Tertiary Institutions 16 6.5
    Others 7 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1264 97.5
    Flat, unit or apartment 19 1.5
    Caravan, cabin, houseboat 8 0.6
    Semi-detached, row or terrace house, townhouse 3 0.2
    Improvised home, tent, sleepers out 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 324 55.7
    Being purchased 147 25.3
    Rented 106 18.2
    Other tenure type 5 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals