Suburb Profile Report for Beaufort VIC (3373)

Beaufort House: Median price $230,391, Annual capital growth 6.88%, Number of sales 31, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

At number 269th in the list of Australian suburbs ordered by increase in median house value over the last year, Beaufort, 3373 is in the top 10% with a property value increase of 21.26% recorded in median house prices.

Across a shorter period, Beaufort, 3373 has seen a median price increase of -2.99% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Beaufort, 3373. Typically our figures indicate that -7.02% is being offered, which puts this VIC suburb at 1210th most discounted overall in Australia.

Advertised rents are around the $250 mark per week – giving a return of 5.64% based on the median price in Suburb

Metrics i HOUSE UNIT
$230,391 N/A
-2.99% N/A
21.26% N/A
6.88% N/A
$250 N/A
31 N/A
5.64% N/A
124.58 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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