Suburb Profile Report for Beaconsfield VIC (3807)

Beaconsfield House: Median price $677,000, Annual capital growth 6.92%, Number of sales 118, Weekly median advertised rent $403

Beaconsfield Unit: Median price $423,000, Annual capital growth 9.45%, Number of sales 18, Weekly median advertised rent $315

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Beaconsfield has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.72%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Beaconsfield has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Beaconsfield are currently offering property investors an average price cut of -4.00% below the asking price at the moment.

Using the current median advertised rental of $402.5 and the average annual increase in value of a median property of 6.92%, investors should hope to achieve an overall return of 3.09%

With a capital gain of 12.05% for the last 12 months, Beaconsfield, 3807 has performed for property investments than its average annual 9.45% property growth over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Beaconsfield is offering property investors an average of -4.83. This rate of discount on properties puts Suburb at number 287th in terms of most discounted suburbs in VIC

Often selling an investment property can take time, and in Beaconsfield the average time real estate has been on the market is 63.58 days.

A $315 per week rent on the median house gives suburb investors a gross yield of circa 3.87%, without taking into account capital value appreciation, which has been averaging out at 9.45%.

Metrics i HOUSE UNIT
$677,000 $423,000
7.89% 0.57%
16.72% 12.05%
6.92% 9.45%
$403 $315
118 18
3.09% 3.87%
55.63 63.58

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 6412
Median household income ($/weekly) 1646
Median age of persons 35
Median housing loan repayment ($/monthly) 1948
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1137 17.7
    25-34 years 613 9.6
    35-44 years 1141 17.8
    45-54 years 1024 16.0
    55-64 years 600 9.4
    Others 1899 29.6
    Age Group
    Census Count Percent(%)
    Registered Married 2592 57.7
    Not Married 1582 35.2
    Defacto Relationship 317 7.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5062 82.1
    Papua New Guinea 90 1.5
    South Africa 47 0.8
    United Kingdom 505 8.2
    Other 139 2.3
    Others 319 5.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 56 0.9
    Christianity 4239 71.7
    Hinduism 16 0.3
    Islam 24 0.4
    No Religion 1560 26.4
    Others 17 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 145 8.2
    $800-$999 148 8.4
    $1,500-$1,999 280 15.9
    $2,000-$2,499 231 13.1
    $2,500-$2,999 191 10.8
    Others 769 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2089 45.0
    Not in the labour force 1170 25.2
    Employed, worked part-time 1083 23.3
    Employed, away from work 166 3.6
    Unemployed, looking for work 135 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 481 14.4
    Professionals 505 15.1
    Technicians & trades workers 606 18.2
    Clerical & administrative workers 552 16.5
    Sales 384 11.5
    Others 810 24.3
    Occupation
    Census Count Percent(%)
    Pre-school 140 7.5
    Infants/Primary 723 38.7
    Secondary 618 33.1
    Technical or Further Educational Institution 157 8.4
    University or other Tertiary Institutions 186 10.0
    Others 45 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5729 94.0
    Semi-detached, row or terrace house, townhouse 236 3.9
    Caravan, cabin, houseboat 101 1.7
    Flat, unit or apartment 25 0.4
    House or flat attached to a shop, office 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1116 57.2
    Fully owned 525 26.9
    Rented 306 15.7
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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