Suburb Profile Report for Beaconsfield VIC (3807)

Beaconsfield House: Median price $585,000, Annual capital growth 4.72%, Number of sales 96, Weekly median advertised rent $390

Beaconsfield Unit: Median price $377,500, Annual capital growth 7.78%, Number of sales 15, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Beaconsfield have tracked close to the VIC average of 8.13% over the last 12 months.

The five-year average increase in median property values for Beaconsfield,3807 has given property investors a potential capital gain of 23.55% across each of those five years.

Vendor discounting in Beaconsfield is giving property investors an average Vendor Discount of around -4.07%. This puts suburb at number 486th in VIC when ranking the most discounted suburbs.

In the last year 96 properties changed hands in Beaconsfield, which puts it as the 266th most active market in VIC when comparing the number of sales per suburb.

A $390 per week rent on the median house gives suburb investors a gross yield of circa 3.47%, without taking into account capital value appreciation, which has been averaging out at 4.72%.

With a capital gain of 20.70% for the last 12 months, Beaconsfield, 3807 has performed for property investments than its average annual 7.78% property growth over the last 5 years.

Beaconsfield,3807 has offered an average of 20.70% return per annum in house price rises to property investors over the last three years.

Beaconsfield3807 is located in VIC which offers an average discount of -5.33% to property investors. Beaconsfield itself is showing figures that indicate -2.10% is the average achievable by property buyers investing in the suburb.

A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.27%, without taking into account capital value appreciation, which has been averaging out at 7.78%.

HOUSE UNIT
$585,000 $377,500
1.74% 5.59%
7.34% 20.70%
4.72% 7.78%
$390 $310
96 15
3.47% 4.27%
81.72 30.78

Source: CoreLogic

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