Suburb Profile Report for Beaufort VIC (3373)

Beaufort House: Median price $267,500, Annual capital growth 5.15%, Number of sales 30, Weekly median advertised rent $300

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Beaufort has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 1.90% to date .

Taking the average capital gain, or increase in median house value, Beaufort,3373 has racked up an average of 1.90% over the period. This ranks it number 1202th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Beaufort is offering property investors an average of -6.34. This rate of discount on properties puts Suburb at number 512th in terms of most discounted suburbs in VIC

Metrics i HOUSE UNIT
$267,500 N/A
-3.08% N/A
1.90% N/A
5.15% N/A
$300 N/A
30 N/A
5.83% N/A
48 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very 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