At number 1180th in the list of Australian suburbs ordered by increase in median house value over the last year, Beveridge, 3753 is in the top 30% with a property value increase of 3.18% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Beveridge comes in at number 138th in VIC.
Property buyers and investors in Beveridge 3753 should be seeing an average reduction in asking price of around -8.24% . This means that Beveridge is holding prices well when compared to other suburbs in VIC.
Renters in Suburb are facing rents around $21320 per annum or $410 every week.
Information supplied by:
Beveridge, VIC – Accessibility spurs growth
Median house price: $570,000
Three-year growth: 34.4%
Rental yield: 3.7%
A town of Victoria, Beveridge is located 62km from Melbourne CBD. It is most popular for its history of being the birthplace of Ned Kelly, with the cottage he grew up in still able to be seen on Kelly street.
Residents are able to access business opportunities along the major highways that connect the town to Melbourne, which can be reached in under an hours’ drive. The nearby Kinglake National Park provides for a great outdoors escape, with plenty walking trails and scenic views.
Additional shopping and medical amenities can be accessed in the nearby suburb of Craigieburn, which has Highlands Shopping Centre and Craigieburn Plaza Shopping Centre, as well as a leisure centre.